A potential investment has a cost of $440,000 and a useful life of 6 years. Annual cash sales from the investment are expected to be $267,382 and annual cash operating expenses are expected to be $105,332. The expected salvage value at the end of the investment's life is $35,000. The company has a before-tax discount rate of 16%. equired: alculate the following. (Round dollar amounts to the nearest whole dollar and IRR to one decimal place (i.e. 055=5.5%). ter negative amounts with a minus sign.) Consider making an investment of $9,300 each year. If the first $9,300 investment is made at the end of this year, how much will you have in: a. 11 years at 8 percent? (Enter your answer as a positive number rounded to 2 decimal places.) b. 40 years at 7 percent? (Enter your answer as a positive number rounded to 2 decimal places.)