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Help answer this fast! I will rate positively Required information A potential investment has a cost of $395,000 and a useful life of 8 years.

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Required information A potential investment has a cost of $395,000 and a useful life of 8 years. Annual cash sales from the investment are expected to be $165,000 and annual cash operating expenses are expected to be $65,000. The expected salvage value at the end of the investment's life is $40,000. The company has a before-tax discount rate of 16%. Required: Calculate the following. (Round dollar amounts to the nearest whole dollar and IRR to one decimal place (i.e. .055=5.5% ). Enter legative amounts with a minus sign.) Required information A potential investment has a cost of $395,000 and a useful life of 8 years. Annual cash sales from the investment are expected to be $165,000 and annual cash operating expenses are expected to be $65,000. The expected salvage value at the end of the investment's life is $40,000. The company has a before-tax discount rate of 16%. Required: Calculate the following. (Round dollar amounts to the nearest whole dollar and IRR to one decimal place (i.e. .055=5.5% ). Enter legative amounts with a minus sign.)

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