at least 4 decimal places! Question 23 1 pts A new project requires a $50,000 investment in a new machine. The machine costs $10,000 to ship and install and will require an additional $5,000 investment in net operating working capital. The project is expected to last for four years, and the capital expenditure is depreciated using straight-line depreciation. If the project is abandoned after two years, what would the remaining book value of the capital expenditure be? $32,500 $55,000 $25,000 $30,000 Previous Ne: Not saved SL D Question 19 1 pts A firm is evaluating independent project M with an IRR of 38%. The firm's WACC on all projects is 12%. Which of the following statements is true? 1. The NPV on project M must be negative. II. The IRR on project Massumes reinvestment of cash inflows at 38%. III. The MIRR on project Massumes reinvestment of cash inflows at 12%. I and II I, II, and III II and III I only