pelow. 1. Boseman Bans, Inc. has asked you to evaluate the proposed acquisition of a new machine. The machine's price is $50,000, and it will be depreciated using straight-line over a 10 year basis even though they expect to keep for only 3 years. Purchase of the machine would require an increase in net working capital of $2,000 at the start of the project and this will be returned at the end of the project. The machine would increase the firm's before- tax revenues by $57,000 per year, but would also increase before-tax operating costs by $20,000 per year. The machine is expected to be used for 3 years and then be sold for $40,000. The firm's marginal tax rate is 40 percent, and the project's cost of capital is 10 percent. a) What is the initial cash flow? 3pts b) What is the cash flows for years 1 through 3? 6 pts c) What is the NPV? 1 pt 2. Mickey company has a marginal tax rate is 40 percent. The company can raise debt at a 10.9 perce