On separate sheet(s) of paper answer the questions accompanying the following case. Attach this sheet to your completed work. AADR Corporation is considering the replacement of its Grounding Grinding (GG) machine. The old machine was purchased 4 years ago at an installed cost of dollar322.000. it is being depreciated straight-line over 7 years. It could be sold now for dollar149, 500. The new GG machine will cost dollar410,000 with installation costs of dollar16,000. It will be depreciated straight-Iine over 6 years. The firm's tax rate is 40permentage. Estimated annual Net Cash Benefits for the two GG machines are: Calculate the initial investment (t = 0) for this replacement project. Calculate the incremental cash flows for the project. The company's cost of capital is 9percentage. Assuming the GG machine is of average risk. calculate the replacement project's Net Present Value. Is the project acceptable? Why? Calculate the replacement project's Internal Rate of Return. Is the project acceptable? Why? Assume that this project's risk is assumed to be greater than average for the company. Calculate the replacement project's Net Present Value based on a risk adjusted interest rate of 11 percentage. Using Internal Rate of Return, is the replacement project acceptable based on the assumption of higher risk? Why