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A $250,000 manufacturing company's fabrication machine has a useful life of 11 years, at which point, it is sold for $13,000. It requires a $27,000

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A $250,000 manufacturing company's fabrication machine has a useful life of 11 years, at which point, it is sold for $13,000. It requires a $27,000 refurbishment at year 7, but it makes the company $92,000 in year 1, and increases by $1,250 every year thereafter. To keep it running smoothly, $16,000 is spent on it every year. Draw a cash flow diagram. (30 points)

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