0 The Ingersoll Engineering Company is considering the purchase of a gas flow meter. Its purchase price is 89,700 and another $500 will be spent shipping and installing this device. Use of the meter is expected to result in a $9,200 annual increase in revenue and operating expenses are estimated to be $5,800 per year. The meter will be used for five years, and then it will be sold for an estimated market value of $2.000 The moter's MACRS property class is five years Determine the after-tax IRR on this investment at the effective income tax rate() is 27%. If the after tax MARR is 8%, should this as flow meter be purchased, installed and utilized by the company? What is the payback period based on the after-tax cash flows? Click the icon to view the GDS Recovery Rates ) Click the icon to view the interest and annuity table for discrete compounding when the MARR is 8% per year. The after-tax IRR on the investment is (%. (Round to one decimal place.) The gas flow meter be purchased, installed and utilized by the company The simple payback period is years. (Round to one decimal place.) Enter your answer in each of the answer boxes