Matheson Electronics has just developed a new electronic device that it performed marketing and cost studies that revealed the following inform a. New equipment would have to be acquired to produce the device. T life. After six years, it would have a salvage value of about $6,000. b. Sales in units over the next six years are projected to be as follows: Year 1 2 3 4-6 c. Production and sales of the device would require working capital of $ to-day cash needs. This working capital would be released at the end d. The devices would sell for $50 each; variable costs for production, ac e. Fixed costs for salaries, maintenance, property taxes, insurance, and $171,000 per year. (Depreciation is based on cost less salvage value.) f. To gain rapid entry into the market, the company would have to adver Year 1-2 3 4-6 Sales in Units 6,000 11,000 13,000 15,000 Required: Amount of Yearly Advertising $ 74,000 $ 54,000 $ 44,000 g. The company's required rate of return is 8%. Click here to view Exhibit 7B-1 and Exhibit 7B-2, to determine the approp