I need initial cash flows, operating cash flows, terminal cash flows, npv, and iirr

liami Publishing Company Captal buogetng project The Miami Publishing Company is a publisher of texibooks. Miami is considering replacing an older manual printing press with a newer, computerized one. It is expected that the new printing press will allow Miami to increase its output of textbooks and, therefore, increase its sales revenues. Further, since the new machine is computerized, it will require only one operator instead of the two required by the ofder machine. Miami pays a marginal tax rate of 40%. The old machine was purchased 10 years ago and had a total useful life of thirieen years. It originally cost 8130,000 and was being depreciated by the simplified straight-line method at a rate of $10,000 per year. Since the old machine uses such outmoded technology, if can be sold today for only 345,000 . The old machine required two operators who each earned $25,000 per year (salary expense). The old machine required $7,500 in maintenance expense each year. II produced a total of $10,000 per year of defective texibooks that could not be sold (defective product expense). The new machine being considered will cost $215,000 and will require $1,000 shipping and $500 installation fees. In addition, Miami anticipates spending 53500 to modify the new machine for their special conditions. The new machine will be sold after three years. If will be depreciated using MACRS with a 3.year investment class. At the end of three years of use, the new machine is expected to be sold for $85,000. The new machine requires only one operator who will earn $35,000 per year (salary expense). The new machine will require $7,500 in maintenance expense each year. The new machine will produce $10,000 per year of defective texibooks (defective product expense). Since the new machine will operate so much faster than the old one, an additional $10,000 will be invested in inventory (het working capital). Also, an increase in sales revenue of $27,500 per year is expected. MACRS Depreciation Schedule Click Save and Submit to save and submit. Click Save All Ansuers to sme all ansuers