1. Problem 4.2: You are forced with making a decision on a large capital investment proposal. The capital investment amount is $640,000. Estimate annual revenue at the end of each in the eight year study period is $180,000. Estimated annual year-end expenses are $42,000 starting in year 1. These expenses begin decreasing by $4,000per year at EOY 4 and continue decreasing through EOY 8. Assuming a $20,000 market value at EOY eight and a MARR = 12% per year, what is the present worth of this proposal? What is your conclusion about the acceptability of this proposal