ABC is a volume manufacturer who is looking to expand operations to add another product. The equipment investment cost is $130,000 and it falls under a 7-year MACRS class life. Salvage value will be $55,000 at the end of 5-years. Annual revenue for the new product is $105,000. The annual manufacturing costs are listed below: .Labor: $25,000 . Materials: $17,000 . Maintenance: $13,000 Find: 1. If this project only requires operating and investing activities, determine the project cash flows and find the NPV. The income tax rate is 45% and the MARR is 20%. 2. If the company borrowed $130,000 from the bank at an interest rate of 15% for 6 years. Determine the cash flow and find the NPV. The income tax rate is 45% and the MARR is 20%. 3. From the initial problem, find the interest rate when the company will give up the option to borrow fund