1-2 $234,000 173, 000 4-10 149,080 f Other fixed costs for salaries, insurance, maintenance, and straight-line depreciation on equipment would total $364,000 per year. (Depreciation is based on cost less salvage value.) g. The company's required rate of return is 14%. (Ignore income taxes.) Required: 1. Compute the net cash inflow (cash receipts less yearly cash operating expenses) anticipated from sale of the monitoring systems for each year over the next 10 years. (Enter any cash outflows with a minus sign. Round your intermediate and final answers to the nearest dollar amount.) The net cash inflow from sales of the device for each year would be: Answer is complete and correct. Year 1 Year 2 Year 3 Year 4-10 Sales in units 4,010 7,370 10,120 12.380 Contribution margin 212,530 0 390,610 536,360 0 656,140 0 Less fred expenses Advertising 234,000 234,000 173,000 149,000 Other fland expenses 335,650 0 335,650 0 335,650 0 335,650 0 Total fixed expenses 569.650 508,650 484.650 Not cash inflow (outflow (357,120) 5 (179.040) 27.710 171,490 2-a. Using the data computed in requirement (1) above and other data provided in the problem, determine the net present value of the proposed Investment. (Hint Use Microsoft Excel to calculate the discount factor(s].) (Negative amount should be indicated by a minus sign. Do not round Intermediate calculations and PV factor. Round the final answers to the nearest whole dollar amount.) Answer is complete and correct. Net present value (338,847) 2-b. Would you recommend that Secure Homes Invest in the new product? Yes No O3. What is the project's internal rate of return? (Hint Use Microsoft Excel to calculate the discount factor(s) ) (Rou decimal place.) @ Answer is complete but not entirely correct. Internal rata of return