ing projects, determine the relevant cash flows, and depict the cash flows on a time line Relevant cash flow and timeline depiction For each of the followi a. A project that requires an initial investment of $123,000 and will generate annual operating cash inflows of $29,000 for the next 16 years. In each of the 16 years maintenance of the project will require a $5,000 cash outflovw b. A new machine with an installed cost of $89,000. Sale of the old machine will yield $35,000 after taxes. Operating cash inflows generated by the replacement will exceed the operating cash inflows of the old machine by $21,000 in each year of a 6-year period. At the end of year 6, liquidation of the new machine will yield $19,000 after taxes, which is $11,000 greater than the after-tax proceeds expected from the old machine had it been retained and liquidated at the end of year 6 c. An asset that requires an initial investment of $3 million and will yield annual operating cash inflows of S300,000 for each of the next 12 years. Operating cash outlays will be $21,000 for each year except year 5, when an overhaul requiring an additional cash outlay of $504,000 will be required. The asset's liquidation value at the end of year 12 is expected to be zero a. A project that requires an initial investment of $123,000 and will generate annual operating cash inflows of $29,000 for the next 16 years. In each of the 16 years maintenance of the project will require a $5,000 cash outflow. (Select all the choices that apply.) A. This is a conventional cash flow pattern, where the cash inflows are of equal size, which is referred to as an annuity B. At year 0, the initial investment will be-$123,000. For each of the years 1 thru 16, the net cash flow will be $29,000-$5,000-$24,000 C. Year 2 15 16 Cash flow- $123,000 $24,000 $24,000 $24,000 $24,000 $24,000 $24,000