ABC Corp. is considering the purchase of another machine as an alternative to Project A. Calculate the NOCFs for Project B. j. The cost of the new machine is $300,000. k. Delivery and Installation will cost $20,000. I. The company spent $50,000 building a new parking lot last year. m. The project will require an immediate increase in working capital of $15,000; the working capital will be fully recaptured at the end of the life of the project. n. The project will increase annual revenues by $155,000 and annual operating costs by $65,000. o. The project has an estimated life of 5 years. p. The machine will be depreciated via 3-Year MACRS depreciation and is expected to have a salvage value of $50,000 when the project ends in " 5 " years. q. Firm expects to sell old machine as scrap parts for $15,000 upon the purchase of the new machine. r. Assume a 14% WACC and 34% marginal tax rate. What is the initial outlay using the information above? *Calculate the After-Tax Net from the sale of the Old Machine to be replaced by the New Machine. Calculate the Depreciation Schedule *Calculate the After-Tax Net from the sale of the New Machine at the end of the project. Calculate the Incremental Cash Flows and put it all together