QUESTION $5(15$ MARKS$)$ Management plans to replace an existing machine with a newer model that offers enhanced special features. The new machine is priced at R$150000$ and will be depreciated over a five$-$year period in accordance with the company$$s asset depreciation policy. Additional costs include transport expenses of R$13000$ to deliver the machine to the factory and installation charges of R$12000$ to integrate it into the existing manufacturing line. The new machine is expected to generate a total working capital savings of R$25000$ for the factory. The old machine, originally purchased for R$120000$ four years ago, can now be sold for R$30000.$ However, its removal will incur a cost of R $,000$ and will result in an increase in working capital requirements by R$15000.$ The company is subject to a corporate tax rate of $27\%.$ EBITDA over the next five years Year New Machine Old Machine $1$ R$55000,00$ R$26000,002$ R$55000,00$ R$25000,003$ R$55000,00$ R$10000,004$ R$55000,00$ R$6000,005$ R$55000,00$ R$2000,00$ Required: $5\mathrm{.}1$ Calculate the total cost of the new machine, as well as the total initial investment required to undertake the entire replacement project. $(9$ Marks$)5\mathrm{.}2$ Calculate the annual operating cashflow for the capital project $($purchasing the new machine$).(6$ Marks$)$