2. A company with a marginal tax rate of 21% wants a quick economic analysis of a new machine that is under consideration in its first year. The machine with a cost of 200,000 has a depreciation of 55,000 in its first year. Other information about the machine includes direct revenues from machine use of 505,000, operating expenses of 185,000, and cost of materials used 160,000. a. What is the net income after taxes contribution of the machine to the company in year 1? + b. What is the cash flow from operations contribution to the company in year 1 excluding any payment made for machine purchase? 3. Use the data in the problem above with the following modifications. Instead of paying outright for the machine in the year prior to operating it, the company took a loan on the machine and had interest expense of 3000 and paid principal of 40,000 on the loan in the first year. a. What is the net income after taxes contribution of the machine to the company? b. What is the cash flow from operations contribution to the company excluding any down payment made on the machine