No Excel.

(a). A company with a MARR policy of 12% is trying to estimate the initial cost of a piece of machinery that they bought several years ago after some of the company's documents were flooded during a storm. The machine is classified as a 10-year MACRS property and has a book value of $144,522 at the end of its 7th year in service. In general, the industry estimates the salvage value of this property as $100,000 after its useful life. What is the initial cost of the equipment using the MACRS depreciation method? (b). After her capstone design course, Erica decided to take her idea to the next level. She created a prototype of her invention and developed the business cash flow shown. The cash flow periods are in months. One of Shark Tank's investors is considering investing in a the business. This investor does not invest in projects with Payback period more than 2.5 years. What should be the minimum monthly benefit A that will allow the investor to take this project