Part c and the NPV please

Replacement Analysis De Young Entertainment Enterprises is considering replacing the latex molding machine it uses to fabricate rubber chickens with a newer, more efficient model. The old machine has a book value of $600,000 and a remaining useful life of 5 years. The current machine would be worn out and worthless in 5 years, but De Young can sell it now to a Halloween mask manufacturer for $265,000. The old machine is being depreciated by $120,000 per year for each year of its remaining life. The new machine has a purchase price of $1,170,000, an estimated useful life and MACRS class life of 5 years, and an estimated salvage value of $105,000. The applicable depreciation rates are 20.00%, 32.00% 19.20%, 11.52% 11.52%, and 5.76%. Being highly efficient, it is expected to economize on electric power usage, labor, and repair costs, and most importantly, to reduce the number of defective chickens. In total, an annual savings $245,000 will be realized if the new machine is installed. The company's marginal tax rate is 35% and the project cost of capital is 13%. a. What is the initial net cash flow if the new machine is purchased and the old one is replaced? Round your answer to the nearest dollar. $ 787750 b. Calculate the annual depreciation allowances for both machines, and compute the change in the annual depreciation expense if the replacement is made. Do not round intermediate calculations. Round your answers to the nearest dollar. Depreciation Depreciation Change in Year Allowance, New Allowance, Old Depreciation 1 $ 234000 120000 114000 N $ 374400 120000 254400 3 224640 120000 104640 4 $ $ $ 134784 120000 14784 un 5 134784 120000 14784 C. What are the incremental net cash flows in Years 1 through 5? Do not round intermediate calculations. Round your answers to the nearest dollar. CF: $ $ 212150 CF2 261290 CF3 $ 208874 CF4 $ 177424 CFS $ 192494 3 d. Should the firm purchase the new machine? NO Support your answer. Do not round intermediate calculations. Round your answer to the nearest dollar, NPV: 5 3732234