Please answer questions 1-5 based on the given information

Case 11-32 Net Present Value Analysis of a New Product [L011-2] Matheson Electronics has just developed a new electronic device that it believes will have broad market appeal. The company has performed marketing and cost studies that revealed the following information: a. New equipment would have to be acquired to produce the device. The equipment would cost $216,000 and have a six-year useful life. After six years, it would have a salvage value of about $12,000 b. Sales in units over the next six years are projected to be as follows: Year Sales in Units 10,000 15,000 17,000 19,000 4-6 C. Production and sales of the device would require working capital of $53,000 to finance accounts d. The devices would sell for $55 each, variable costs for production, administration, and sales would be e. Fixed costs for salaries, maintenance, property taxes, insurance, and straight-line depreciation on the f. To gain rapid entry into the market, the company would have to advertise heaviy The advertising receivable, inventories, and day-to-day cash needs. This working capital would be released at the end of the project's life $40 per unit. equipment would total $120,000 per year. (Depreciation is based on cost less salvage value.) program would be: Amount of Yearly Advertising 82,000 62,000 S 52,000 ear 1-2 4-6 g. The company's required rate of return is 14%. Click here to view Exhibit 11B-1 and Exhibit 11B-2, to determine the appropriate discount factor(s) using tables Required 1. Compute the net cash inflow (cash receipts less yearly cash operating expenses) anticipated from sale of the device for each year over the next six years Year 3 Year 4-6 ear 17,000 Sales in units Sales in dollars Variable expenses Contribution margin 19,000 S 550,000S 825,000S 935,000S 1,045,000 760,000 285,000 10,000 15,000 400,000 600,000 680,000 150,000 225,000 255,000 Fixed expenses Salaries and other 86,000 82,000 168,000 (18,000)57,000 86,000 82,000 168,000 86,000 52,000 138,000 107,000147,000 86,000 62,000 148,000 Advertising Total fixed expenses Net cash inflow (outfow