LG Co. is evaluating the proposed acquisition of a new machine. The machine base price is $216000 and it would cost another $25000 to modify it for special use by your firm. The machine falls in MACRS 3 - year class (33%,45%,15%,7%), and it would be sold after three years for $65000.The machine would require an increase in net operating working capital of $11000. The machine would have no effect on revenue, but it is expected to save the firm $88000 per year in before tax operating costs, mainly labor. LG's marginal tax rate is 35%. If the project cost of capital is 12% should the machine be purchased? Select one: a. yes, since IRR > WACC b. yes, since the payback period have value c. Yes, since NPV = +$ 8391.836 (positive) d. No, since NPV =-$ 8391.836 (negative)