for ech other following proects, determine the relevant cash flows and depict the cash flows on a time line

a)a project that reuqires an intitial investment of 120,000 and will generate annual operating cash inflows of 25,000 for the next 18 years. in each of the 18 years maintenance of the proect will require 5,000 cash outflow

b) a new macheine with an installed cost of 85,000. sale of the old macine will yield 30,000 after taxes. operating cash inflows generated by the replacement will excess the operating cash inflows of the old machine by 20,000 in each of the 6-year period. at the end of year 6 liquidation of the new machine will yield 20,000 after taes, which is the 10,000 greater than the after tax process expected from the old machine had it been retained and liquidated at the end of year 6.

c) an assest that requires an initial investment of 2 million and will yield annual operating cash inflows of 300,000 for eahc other the next 10 years. operating cash outlays will be 20,000 for each year except year 6m when an overhaul requiring an additional cash outlay of 500,000 will be required. the assets liquidation value at the end of year 10 is epected to be zero.