please answer section A with the supporting details/formulas so I can reverse engineer problems, ty!

please help with section A and provide the supporting data/formulas so I may reverse engineer this problem

A company with arnual sales of $24,000,000 is considening changing its payment terms fram net? 40 to net 30 to encourage customers to pay more promptly. The company forecasts that customers would respond by paying an day 34 rather than day 44 as at present (assume a 360 ) day year) but would decrease their purchanes by 5450,000 per year. The compariy also forecaste that its ide cash balance would decrease by $40.000 and administrative cost would be reduced by $35,000 per vear. The company's variabie coats average 6674 of sales, it is in the 35% marginal tax bracket, and it has an is cost of capital. Required A. Calculate the incremental cash fown associated with accepting this proposal, and organize your cash flows inta a cash flow ypreaduheet of the type demonstrated in chapter 12 of the textbook 8. Calculate the proposalin Net Present Value. C. Calculate the proposal's internal Rate of feturn. D. Caloulate the proposal's Net Annuat Benefit. E. Fxplain whether the firm should shorten its payment terms or not. Your answers to this open-ended assignment should be placed in the space below this line. A company with arnual sales of $24,000,000 is considening changing its payment terms fram net? 40 to net 30 to encourage customers to pay more promptly. The company forecasts that customers would respond by paying an day 34 rather than day 44 as at present (assume a 360 ) day year) but would decrease their purchanes by 5450,000 per year. The compariy also forecaste that its ide cash balance would decrease by $40.000 and administrative cost would be reduced by $35,000 per vear. The company's variabie coats average 6674 of sales, it is in the 35% marginal tax bracket, and it has an is cost of capital. Required A. Calculate the incremental cash fown associated with accepting this proposal, and organize your cash flows inta a cash flow ypreaduheet of the type demonstrated in chapter 12 of the textbook 8. Calculate the proposalin Net Present Value. C. Calculate the proposal's internal Rate of feturn. D. Caloulate the proposal's Net Annuat Benefit. E. Fxplain whether the firm should shorten its payment terms or not. Your answers to this open-ended assignment should be placed in the space below this line