Ortonville, Inc. wishes to replace their packaging machine. They are considering a proposal Pack Masters: Purchase price: $100,000 and installation cost $11,000 Depreciate the investment using MACRS 3-year schedule At the end of 3-years, the plant can be sold for $35,000 An additional investment in working capital is needed: $6,000 The plant will reduce operating cost by $55,000/year for 3 years. Ortonvilles tax bracket is 30% and uses WACC of 15% for packaging machines. Please compute: Free cash flow for year 1 (2) Free cash flow for year 3 (2) NPV of the Solar Polar proposal (2)