Matheson Electronics has just developed a new electronic device that it belleves will have broad market appeal. The company has performed marketing and cost studies that revealed the following information: a. New equipment would have to be acquired to produce the device. The equipment would cost $246,000 and have a six-year usefill Iife. After six years, it would have a salvage value of about $24,000. b. Sales in units over the next six years are projected to be as follows: c. Production and sales of the device would require working capital of $57,000 to finance accounts recenable, inventories, and cayto-day cash needs. This working capital would be released at the end of the project's life. d. The devices would sell for $40 each; varlable costs for production, administration, and sales would be $25 per unit. e. Fixed costs for salaries, maintenance, property taxes, insurance, and straight-ilne depreciation on the equipment would totat $132,000 per year. (Depreciation is based on cost less salvage value.) f. To gain rapid entry into the market, the company would have to advertise heavily. The advertising costs would be: f. To gain rapid entry into the market, the company would have to advertise heavily. The advertising costs would be: 9. The company's required rate of return is 15%. Click here to vlew Exhibit 781 and Exhibit 7B-2, to determine the appropriate discount factor(s) using tables: Required: 1. Compute the net cash inflow (Incremental contribution margin minus incremental fixed expenses) anticipated from sale for each year over the next six years. 2-a. Using the data computed in (1) above and other data provided in the problem, determine the net present value of the investment 2-6. Would you recommend that Matheson accept the device as a new product