a$.$ What is the net cash flow at time $0$ if the old equipment is replaced?

Note: Negative amounts should be indicated by a minus sign. Do not round intermediate calculations. Enter your answer in

millions rounded to $2$ decimal places.

b$.$ What are the incremental cash flows in years: $($i$)1$; $($ii$)2$; $($iii$)3?$

Note: Do not round intermediate calculations. Enter your answer in millions rounded to $2$ decimal places.

c$.$ What is the NPV of the replacement project?

Note: Do not round intermediate calculations. Enter the NPV in millions rounded to $2$ decimal places.

d$.$ What is the IRR of the replacement project?

Note: Do not round intermediate calculations. Enter the IRR as a percent rounded to $2$ decimal places.