3.33 pts Question 29 Sunrise Power Boats, Inc. plans to automate part of its production process. The new equipment will cost $30,000, but it will provide net cash inflows in the form of labor cost savings of $6,100 each year for 6 years. The internal rate of return on this project would be closest to: 4* 5% 0 0 8% Question 30 3.33 pts Pronghorn Corporation manufactures component parts for wristwatches, including metal wristbands. Here are data regarding the per-unit manufacturing cost of a wristband: Direct material Direct labor Variable manufacturing overhead Fixed manufacturing overhead Total per-unit manufacturing cost $10.00 6.00 2.00 5.00 $23.00 Pronghorn leases the equipment used to make wristbands. Pronghorn is thinking about upgrading this equipment, which would increase its leasing costs by $140,000 per year. The new equipment would reduce per-unit direct labor costs by 20% andereduce per-unit variable manufacturing overhead costs by 30%. Pronghorn manufactures 80,000 wristbands per year. If Pronghorn leases the new equipment, what would be the incremental effect on Pronghorn's operating income? Enter a positive whole dollar amount and do not enter a dollar sign or a decimal point (e.g., enter 89, not $89.00)