Irish Chips is a manufacturer of prototype chips based in Dublin, Ireland. Next year, in 2021, Irish Chips expects to deliver 610 prototype chips at an average price of $90,000. Irish Chips' marketing vice president forecasts growth of 55 prototype chips per year through 2027 . That is, demand will be 610 in 2021, 665 in 2022. 720 in 2023, and so on (Click the icon to view additional information.) The following data on the two options are available. (Click the icon to view the data on the two options available and additional information.) Present Value of $1 table Present Value of Annuity of \$1 table Future Value of Annuity of \$1 table Read the requirements. Requirement 1. Calculate the cash inflows and outflows of the "modernize" and "replace" alternatives over the 2021. 2027 period First determine the cash inflows and outflows of the "modernize" alternative over the 2021 to 2027 period. (Use a minus sign or parentheses for a cash outflows. If an input field is not used in the table, leave that input field empty, do not enter a zero.) Requirements 1. Calculate the cash inflows and outflows of the "modernize" and "replace" alternatives over the 20212027 period