Expert Chips is a manufacturer of prototype chips based in Dublin, Ireland. Next ye in 2015. Expert Chips expects to delver ses prototype ohips at an average price of $75.000. Expert Chips marketing vioe president forecasts growth of 90 prototype chips per year through 20 That is nd will be 505 016, 876 2017 The plant cannot produce more than 580 prototype chips annually To meet future demand. Expert Chips must either modernize the plant or replace it. The old equipment isfuly depreciated and can be sold for $3.000.000 if the plant is replaced. If the plant is modemized, the costs to modernize are to be capasized and deprecisted over the useful ie of the updated plant. The old equipment is retained as part of the modemize altermative, The folowing data on e two options re available Click the icon to view the data on the two options available and addionalinformation. (Click the icon to view the Future value of s1 factors) (Clok the ioon so view the Future value of ot s11actors.) Annuity Click the icon to view the Present Value of $1 factors, (Cick the icon to view the Present Value of Annuity of S1 factors Read the the 2015 2021 period. First determine the cash inflows and outflows of the modemite atemative over the 2015 to 2021 period (Use a minus sign or parentheses for a cash outflow eave unused cells blank) contributions tments le of equipment 2015 21, 2016 Dec 31, 2017 31, 2018 Dec 31, 2020 31, 202