PACAGINGMACHINE#1 PACKAGING MACHINE#2 hitial Cost Time Period Labor Salvage Increased Income Interest $532,000 D years $117,000hyr $86,000 $97,000 25% $40000 10 years $189,000y $10000 $0 25% Labor costs will increase 5% of 1st year's value per year after the first year. Use Excel to: a) Plot a cash flow diagram for each option. b) Perform PW analysis to determine which option is more economically attractive. (Applicable cell function: NPV) c) Perform a ROR analysis to determine which option is more economically attractive. (Applicable cell function; IRR) d) From the incremental cash flow table, plot PW vs. i . ( Use 5% increments from 0% to 60% ) e) On a single graph, plot Pw vs. i for each machine. ( Use 5% increments from 0% to 60% )