Matheson Electronics has just developed a new electronic device ther it belloves will have broad market appeal. The company has performer merkening and cost studies that revealed the following information: d. New equipment would have to be acquired to produce the device. The equipment would cost $318,000 and have a six-year useful Ifc. After six years, It would have a selvage value of about $18.000. b. Sales in unlis over the next six years are projected to be as follows. 103" sole in unit: 1,000 12,000 12,000 c. Production and sales of the device would require working capital of $52.000 to france accounts receivable, inventones, and day- 10-day cash needs. This working capital would be released at the end of the project's life. d. The devices would sell for $35 each vanable costs for procumon, administemon, and antes would be $15 per unr e. Fixed costs for salaries, maintenance, property taxes, insurance, and straight-line depreciation on the equipment would total $169,000 per year (Depreciation is based on cost less salvage value) To gain rapid entry into the market, the company wou'd have to advertise heavily The advertising costs would be 1-2 3 ourt of weerly Advertising $130,000 $51,000 g. The company's recurred rate of return is 8% Click here to view Exhibit 1481 and Exhibit 148 2, to cetermine the appropriate discount factor(s) using tables Required: 1. Compute the net cash Inflow (ncremental contribution margin rinus Incremental fixed expenses) anticipated from sale of the device for each year over thyr 2-9. Using the date computed in (1) above and other date provided 11 the problem, determine the net present value of the proposed Investment 2-6. Would you recommend that Matheson accept the device as a new product? Complete this question by entering your answers in the tabs below. Rwy 1 Rw. 2A Rwy 23 Compute the net cash inflow (Incremental contribution margin minus incremental food expenses) anticipated from mals of the deure for each year over the most ale year. (liegative amoures should be indicated by a minan sign.) Year 1 Year2 Year 3 Year 1-C namentelo nasmamental fac expans Ned cast inlow jum