Managers at Acme Doohickey Co. are considering two projects Project A: purchase and operation of a new machine, called the Starpunch, for manufacturing Acme doohickeys. The life of this project is three years. Project B: purchase and operation of a new machine, called the Sunspot, for manufacturing Acme doohickeys. The life of this project is two years. The machines have identical capacity and produce the same doohickey. The company only has floor space in its machinist shop for one machine. Assume that the appropriate discount rate in 8%, compounded annually. Identify which project, If either managers should accept and explain why Table: Expected Cash Flows for Projects A and B Year A costs ANCE revenue revenue B costs BNCF (535,000) ($30,000) $25,000 ($10,000) $25,000 (57,000) $25,000 ($10,000) $25,000 ($8,000) $25,000 ($10,000) Note: the table lists net revenue and net cost for each project and each year. But the table is incomplete you will need to calculate the Net Cash Flows. Accept Project A Its NPV > 0. Also, when both of the project lifetimes are correctly extended to years, the Project ANP - $6,559 which is greater than the Project NPV - $3.218 Accept Project A Its NPV. Also, when both of the project lifetimes are correctly extended to years, the Project ANP - $9,373 which is greater than the Project NPV - $,662 Accept Project A Its NPV). Also, when both of the project lifetimes are correctly extended to 6 years, the Project ANP - $31,656 which is greater than the Project NPV - $1,241 Accept Project B.Its NPV >. In addition, its cost in each year is less than the corresponding cost for Project O Reject both projects. When both of the project lifetimes are correctly extended to 6 years the NPV for each project is ne Managers at Acme Doohickey Co. are considering two projects . Proiect A purchase and operation of a new machine, called the Starpunch for manufacturing Acme doohidays. The of this project is three years Project purchase and operation of a new machine, called the Sunspot, for manufacturing Acme doohidays. The of this project is two years The machines have identical capacity and produce the same dooidery. The company only has floor space in its mains shop for one machine Assume that the appropriate discount rate in 7.9%.compounded annually Calculate the valent Annual Cash Flow EACH) for Project A Round to the dollar. Do not type Include a mission in your answer of the E t ive, then Table Expected Cash Flows for Projects A and B Year A costs ANCF B costs BNCF revenue reven (529.000) $22.000 $20.000 (59.000 S2000057.000) $20.000 (58.000 $20.000 (56.0001 $20.000 ($8,000) Note the tablets net revenue and netcost for each project and each year. But the table is incomplete you will need to calculate the Net Cash Flows