he Green Goddess Company is considering the purchase of a new machine that would increase the speed of manufacturing tires and save money. The net cost of the new machine is $$57,000.$ The annual cash flows have the following projections. $($Use a Financial calculator to arrive at the answers.$)$

Year Cash Flow

$1$ $$24,000$

$225,000$

$328,000$

$416,000$

$59,000$

a$.$ If the cost of capital is $8$ percent, what is the NPV$?($Round the final answer to the nearest whole dollar.$)$

NPV $

b$.$ What is the IRR? $($Round the final answer to $2$ decimal places.$)$

IRR

$\%$

c$.$ Should the project be accepted?

multiple choice

Yes

No