0f 10 points Your company plans to produce a product for two more years and then to shut down production. You are considering replacing an old machine used in production with a new machine. The Old machine originally cost $ 775 and was bought Three (3) years ago (i.e. it has depreciated for three yea rs). It could be sold today for $ 340 or sold in two years for $ 96 .The New machine would cost $ 500 and could be sold in two years for $ 252 . The new machine is more efcient than the old machine and would reduce waste. and therefore the cost of materials. by $ 28? per year. Due to the lower waste, we could also have a one-time reduction in inventory of 24 . The rm's tax rate is 42 %. Both machines are in the 4 year MACRS class, with depreciation amounts of 15%, 45%, 33% and 7%. What are the Operating Cash Flows in the rst year (Year 1) with the new machine? Show your answer to the nearest $.01 Do not use the $ symbol in your