Caine Bottling Corporation is considering the purchase of a new bottling machine. The machine would cost $195,500 and has an estimated useful life of 8 years with zero salvage value. Management estimates that the new bottling machine will provide net annual cash flows of $34,600. Management also believes that the new bottling machine will save the company money because it is expected to be more reliable than other machines, and thus will reduce downtime. Assume a discount rate of 10%. Present value factor of cash inflows for 8 years is 5.335. Round net present value to 0 decimal place such as 20. For any negative net present value, use either a negative sign preceding the number as -30 or parentheses as (30). . Do NOT enter a dollar sign. For example, if you are typing $10,000 as your answer, answer should be typed as 10,000 without any dollar sign. Round net present value to 0 decimal place such as 20. . For any negative net present value, use either a negative sign preceding the number as -30 or parentheses as (30). . Do NOT enter a dollar sign. For example, if you are typing $10,000 as your answer, answer should be typed as 10,000 without any dollar sign. (a) Calculate the net present value. Net Present Value $ (b) Should the company accept the project? Yes or No (Write yes or no) (c) How much would the reduction in downtime have to be worth in order for the project to be acceptable? In other words, at what cost point, will this be worth, meaning the annual cash flows will be offset by the cost? (Hint: This will be the amount of loss (if any) you should not incur. If you have a loss of $100 from your net present value in (a) due to accepting the project, the reduction in downtime has to be worth at least $100 for the project to be acceptable.) $