Mars the is considering a 5 year preject that requires a new machine that eosts \$s4.000 and an additionat net workhy capytal of $38000, which will be recovered When the project ends in 5 years. This prolect woukd increase the firm's reventes by $22.000 per year and its operath s costs by $10000 per year. Mars will use the 3 . year MACRS to deryeciate the machine, and it evoects to sell the machine at the end of the profect for $15000. The finm's marginal tax rate is 24 percent, and the projects cost of capital is 14 percent. What is the net cash flow at year 5 , the final year? MACRS 3 year schectule is as follows: 33\%, 45\%, 15%, and 7 , for years 1 to 4 , respectivel. $22.880 529520 $28840 $24,500 82480 525600 You are evaluating the proposed acquisition of a new machine costing $50,000, and it falls into the MACRS 3-year class. Purchase of the machine would require an increase of net operating working capital of $5,000, which will be recovered when the machine is sold. The machine would increase the firm's revenues by $25,000 per year and its operating costs by $12,000 per year. The machine is expected to be used only for 3 years and then be sold for $18,000. The firm's marginal tax rate is 20 percent, and the project's cost of capital is 14 percent. What is the non-operating terminal cash flows at year 3 ? MACRS 3 -year schedule is as follows: 33%,45%,15%, and 7% for years 1 to 4 , respectively. $18,550 $18,850 $19,180 $19,460 $19,770 $20,100