A company wants to automate its product packaging process. the packaging machine will cost $160,000, annual operating cost of the machine is expected to be $10,000 and it is estimated that after its economic life span of 5 years, it can be traded in at $20,000 for an improved model.currently labour is used in the packaging process are paid $50,000 per annum. assume no increase in salaries and machine operating cost in the next 5 years. cost of capital is 10%

A) what will be the expected savings from the use of the machine

B) calculate the net present value of the project

C) calculate the break-even rate of returns the project is expected to yield