Al-Amal Corporation has is considering the purchase of a special-purpose bottling machine for $62,000. It is expected to have a useful life years with no terminal disposal value. Company management est lates the following cash savings in operating costs. Year 2 Amount $22,000 26,000 28,000 24,000 3 Al-Amal Co. uses a required rate of return of 12% in its special capital budgeting decisions. Ignore income taxes in your analysis. Assume all cash flows occur at yeas-end except for initial investment amount. Required: 1. Calculate the following for the special purpose bottling machine: a. Net present value. b. Payback period c. Discounted payback period