Mathewson electronics has just developed a new electronic device...

Matheson Electronics has just developed a new electronic device that it believes 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 S480,000 and have a six-year useful life. After six years, it would have a salvage value about $12,000. years are projected to be as follows: b. Sales in units over the next six Sales in Units Production and sales of the device would require working capital of$61,000 to finance accounts receivable, inventories, and day-to-day cash needs. This working capital would be released at the end of the projects life. d The devices would sell for $60 oach:variable costs for production, administraton, and sales would be SA5 per unit e Fixed costs for salaries, maintenance, property taees, insurance, and straight-line depreciation on the oquipment would total S155.000 per year. (Depreciation is based on cost less salvage value.) To gain rapid entry into the market, the company would have to advertise heavily. The advertising program would be Amount of Yearly 90,000 70,000 60,000 g The companys required rate of return is 15%. click here to view Exhibit 13e-1 and Exhibit 13B-2 to determine the appropriate discount factor(s) using 1, Compute the net cash inflow cash receipts less yearly cash operating expenses) from sale ansapated of the dovoe for each year over the next sb years