A new machine is purchased to produce Nike's flagship product, Air Cartwrights, for $275,000. The annual revenue from this machine is calculated to be $56,700, rising 3% every year for 9 years. Expect the maintenance and operation costs to be $4,000 the first year, rising 1.5% every year, with a salvage value of $25,000 at the end of the project life. Nike expects a 15% return on this project. (a) What is the rate of return for this machine? (b) Will you recomend that Nike move forward with this project? 19% and YES 16% and YES 14% and NO 14% and YES