IENG377 Engineering Economy Case Study: Mountaineer Manufacturing You are starting a manufacturing company in Pittsburgh, Pa. Given the following information, what are the projected income statements for this company for the next 5 years? Management/Administration cost: CEO (Your Salary) $150,000 VP Marketing $100,000 VP Sales S125,000 Chief Technology Officer $100,000 VP Operations $100.000 Other Administration Personnel Salary Combined: 400,000 Benefits for above personnel: Add 40% of total salary Inflation: Above salaries are for year 1 . These go up by inflation of 2% year. Total Salary Year Year 1 Year 2 Year 3 Year 4 Year 5 Total Salary+Benefits Facilities: Lease Plum Industrial Court Building, 20,000 sq,.ft. @ s16/sq.ft. per year Included rent and utilities. Lease remains the same over the next 5 years. Depreciation of Machinery: Purchase 5 different automated machines for flexible work cell. The total cost of the machines is spread out over 5 years per IRS rules. Use numbers in chart below for total year by year depreciation in income statement YearDepreciation Year 1 Year 2 Year 3 Year 4 Year 5 80000 150000 140000 140000 ' 180000