Problem 10 You have until 12:08 PM to complete this assignment. Intro The Weather Company manufactures and sells 100,000 umbrellas per year at an average price of $20. It currently uses a machine that makes each umbrella at a variabe cost of $10. The machine has a book value of $200,000 and has 5 years left in its economic and accounting life. Its annual depreciation is $40,000. It could be sold now for $160,000, but won't have any value in 5 years. The company could replace the old machine with a new machine that costs $700,000. The new machine produces the same number of umbrellas at a variable cost of $8, has a life span of 5 years and is to be depreciated on a straight-line basis to a salvage value of $70,000. Since the machine can make higher-quality umbrellas, the average sale price would increase to $22 The project's discount rate is 10% and the company's marginal tax rate is 21%. Attempt 1/1 Part 1 What is the annual cash flow in years 1 to 5 with the new machine? 0+ decimals Save Part 2 | Attempt 1/1 What is the cash flow from salvage value from selling the old machine now? 0+ decimals Save Part 3 Attempt 1/1 What is the NPV of buying the new machine (assuming you sell the old one now)? 0+ decimals Save