Scholastic Co. is evaluating a machine with an initial cost of $300,000 and a five-year life that costs $75,000 per year to operate. The firm uses straight-line depreciation, and the applicable discount rate is 8%. The machine will have a salvage value of $70,000 at the end of the project's life. The firm has a tax rate of 21%.

Q9 Calculate the operating cash flow in year 1. (Enter a negative value)

Q10 Calculate the NPV of the project. (Enter a negative value and round to 2 decimals)

Q11 Calculate the EAC for the project. (Enter a positive value and round to 2 decimals)