Please do Problem 10.9. (Repeat Problem 10.8 using a straight-line depreciation method over 7 years..........................). Please type it. I need it typed.

8. The projected costs for a new plant are given below (all numbers are in $10%). Land cost - $7.5 Fixed capital investment = $120 ($60 at end of year 1, $39.60 at end of year 2, and $20.40 at end of year 3) Working capital = $35 (at startup) Startup at end of year 3 Revenue from sales - $52 Cost of manufacturing (without depreciation) = $18 Tax rate = 40% Depreciation method = MACRS over 5 years Length of time over which profitability is to be assessed = 10 years after startup Internal rate of return = 9.5% p.a. For this project, do the following: Draw a cumulative (nondiscounted) after-tax cash flow diagram. From Part (a), calculate the following nondiscounted profitability criteria for the project: Cumulative cash position and cumulative cash ratio Payback period Rate of return on investment Draw a cumulative (discounted) after-tax cash flow diagram. From Part (), calculate the following discounted profitability criteria for the project: Net present value and net present value ratio Discounted payback period Discounted cash flow rate of return (DCFROR) 9. Repeat Problem 10.8 using a straight-line depreciation method over 7 years. Compare the results with those obtained in Problem 10.8. Which depreciation method would you use