Marginal cost-benefit analysis and the goal of the firmKen Allen, capital budgeting analyst for Bally Gears, Inc., has been asked to evaluate a proposal. The manager of the automotive division believes that replacing the robotics used on the heavy truck gear line will produce total benefits of $56000 over the next 5 years. The existing robotics would produce benefits of $ 400000 over that same time period. An initial 220000 cash investment of would be required to install the new equipment. The manager estimates that the existing robotics can be sold for 70000 . Show how Ken will apply marginal cost-benefit analysis techniques to determine the following