You are evaluating a project for The Dogs, that involves the purchase of a new dog biscuit making machine. The project has a three year lfe and you estimate the project will increase revenues by $173,000 and will increase costs by $22,000 each yeat. The project requires an initial investment of $120,000 which is depreciated on a straight-line basis to zero over the 3 year project life. The machine will be sold at the end of the project for $35,000. The initial net working capital investment required for this project is $22,000 which will be recovered at the end of the project's life. The tax rate is 25% and the required return on the project is 10%. What is the after-tax salvage value of the machine that will be purchased for this project? Multiple Choice $25,000 $8,750 $35.000 $26,250 Animsk, inc. is consideding a machine that will cost $15,000 and which can be seld affer 3 years for $2,000 The machine wal sure Animais costs of $18,000 per yese for 3 of the machine? Muble choice 523209 520350 $24500 575300