10 points ICLO 1 Cutcosts is considering automating some parts of the existing assembly ine. The purchase and installation of the required equipment costs 420.000. This cost will be depreciated straight line to rere over the project five yearfe at the end of which the equipment can be scrapped for 60,000. The automation will save the firm 120.000 per year in pret operating costs and it requires ansvestment in networking capital of 40,000. If the tax rates 35 per cent and the discount rate is 10 percent, what is the other Condude For the toolbar, press ALT-10 (PC) ALT.INF10 (Mac). B IV. Paragraph All 10pt ! ill HI! N 2 T. x X 13 d