Muno plc is a Zimbabwean manufacturing company who are considering expansion into the UK. They have been looking at a possible factory site in the Midiands area in England. Due to the unstable political situation in the UK, they expect to sell the factory they buy after 5 years. The factory and machinery will be bought outright for 800,000. The factory building is worth 200,000 and machinery makes up the balance of the purchase price, The factory building will not fall in value during the project and the full amount will be recovered on sale. The machinery has a residual value of 27,000 The annual cash flows are as follows: Sales revenue 6195,000 , increasing by 8.54 each year Running costs 8500, increasing by 6.5% each year. Other expenses include 6650 per month for variable overheads. This value will increase by 2 wevery year. The company has a current cost of captal of 10\%. Muno use a template for their calculations and this can be found on the link below: Capiral Budgeting Templste (did to downioad) a) Calculate the NPV (Net Present Value) of the new machine. Please enter your answer with no E sign and no decimals. If the number is a negotive volue, include the minus sign eg-100000 Do not round the discount factors, use 3 decimal paints Make use of the template provided above and do not round off your calculations intil the final anwer. -IF YOU CANNOT SEE THE FULL TABLE YOUR WEE BROWSER IS ZOOMED IN YOU NEED TOZOOM OUT TO SEE THE FULL TABLE. b) Calculate the payback period for the new machine. Years months