Please complete all the requirements located in the small box in the screenshot.

Manchester Clinic, a taxpaying entity, estimates that it can save $23,000 a year in cash operating costs for the next 8 years if it buys a special-purpose eye-testing machine at a cost of $90,000. No terminal disposal value is expected. Manchester Clinic's required rate of return is 14%. Assume all cash flows occur at year-end except for initial investment amounts. Manchester Clinic uses straight-line depreciation. The income tax rate is 28% for all transactions that affect income taxes. Present Value of $1 table Present Value of Annuity of $1 table Future Value of $1 table Future Value of Annuity of $1 table Read the requirements. Requirement 1. Calculate the following for the special-purpose eye-testing machine: a. Net present value (NPR) (Round interim calculations and your final answers to the nearest whole dollar. Use a minus sign or parentheses for a negative net present value.) A Requirements The net present value is 1. Calculate the following for the special-purpose eye-testing machine: a. Net present value b. Payback period Internal rate of return d. Accrual accounting rate of return based on net initial investment e. Accrual accounting rate of return based on average investment 2. How would your computations in requirement 1 be affected if the special-purpose machine had a $13,000 terminal disposal value at the end of 8 years? Assume depreciation deductions are based on the $90,000 purchase cost and zero terminal disposal value using the straight-line method. Answer briefly in words without further calculations. Print Done irs* % 026 783 577 312 193 623 206 18% 0.847 1.566 2.174 2.690 3.127 3.498 3.812 26% 0.794 1.424 1.923 2.320 2.635 28% 0.781 1.392 1.868 2.241 2.532 30% 32% 0.769 0.758 1.361 1.331 1.8161.766 2.166 2.096 2.345 10% 0.909 0.826 0.751 0.683 0.621 18% 0.847 0.718 0.609 20% 0.833 0.694 0.579 8% 0.926 0.857 0.794 0.735 0.681 0.681 0.630 0.583 0.583 0.540 0.500 0.463 24% 0.806 0.650 0.524 0.423 0.341 26% 0.794 0.630 0.500 0.397 0.315 28% 0.781 0.610 0.477 0.373 0.291 32% 0.758 0.574 0.435 747 4.303 3.019 3.092 4.656 10% 12% 0.9090.893 1.736 1.690 2.487 2.402 3.170 3.037 3.791 3.605 4.355 4.111 4.868 4.564 5.335 4.968 5.759 5.328 6.145 5.650 6.495 5.938 6.814 6.194 7.103 6.424 7.367 6.628 7.606 6.811 7.824 6.974 8.022 7.120 8.2017.250 8.365 7.366 8.514 7.469 8.6497.562 8.772 7.645 8.883 7.718 8.985 7.784 9.077 7.843 9.161 7.896 14% 0.877 1.647 2.322 2.914 3.433 3.889 4.288 4.639 4.946 5.216 5.453 5.660 5.842 6.002 6.142 6.265 6.373 6.467 6.550 6.623 6.687 6.743 6.792 6.835 6.873 6.906 247 710 139 536 204 244 559 351 122 372 304 318 017 201 371 529 675 810 16% 0.862 1.605 2.246 2.798 3.274 3.685 4.039 4.344 4.607 4.833 5.029 5.197 5.342 5.468 5.575 5.668 5.749 5.818 5.877 5.929 5.973 6.011 6.044 6.073 6.097 6.118. 20% 22% 0.833 0.820 1.528 1.492 2.106 2.042 2.589 2.494 2.991 2.864 3.326 3.167 3.605 3.416 3.837 3.619 4.031 3.786 4.192 3.923 4.327 4.4394.127 4.533 4.203 4.611 4.265 4.675 4.315 4.730 4.357 4.775 4.391 4.812 4.419 4.843 4.442 4.870 4.460 4.891 4.476 4.909 4.488 4.925 4.499 4.937 4.507 4.948 4.514 4.956 4.520 3.083 3.241 3.366 3.465 3.543 3.606 3.656 3.695 24% 0.806 1.457 1.981 2.404 2.745 3.020 3.242 3.421 3.566 3.682 3.776 3.851 3.912 3.962 4.001 4.033 4.059 4.080 4.097 4.110 4.121 4.130 4.137 4.143 4.147 4.151 0.368 0.340 40% Periods 0.714 Period 1 1.224 Period 2 1.589 Period 3 1.849 Period 4 2.035 Period 5 2.168 Period 6 2.263 Period 7 2.331. Period 8 2.379 Period 9 2.414 Period 10 2.438 Period 11 2.456 Period 12 2.469 Period 13 2.478 Period 14 2.484 Period 15 2.489 Period 16 2.492 Period 17 2.494 Period 18 2.496 Period 19 2.497 Period 20 2.498 Period 21 2.498 Period 22 2.499 Period 23 2.499 Period 24 2.499 Period 25 2.500 Period 26 2.937 3.076 3.184 3.269 3.335 3.387 3.427 3.459 3.483 3.503 3.518 3.529 3.539 3.546 3.551 3.556 3.559 3.562 3.564 3.566 4% 0.962 0.925 0.889 0.855 0.822 0.790 0.760 0.731 0.703 0.676 0.650 0.625 0.601 0.577 0.555 0.534 0.513 0.494 0.475 0.456 0.439 0.422 0.406 0.390 0.375 0.361 3.190 3.223 3.249 3.268 3.283 3.295 3.304 3.311 3.316 3.320 3.323 3.325 6% 0.943 0.890 0.840 0.792 0.747 0.705 0.665 0.627 0.592 0.558 0.527 0.497 0.469 0.442 0.417 0.394 0.371 0.350 0.331 0.312 0.294 0.278 0.262 0.247 0.233 0.220 2.677 2.786 2.868 2.930 2.978 3.013 3.040 3.061 3.076 3.088 3.097 3.104 3.109 3.113 3.116 3.118 3.120 3.121 3.122 3.123 12% 0.893 0.797 0.712 0.636 0.567 0.507 0.452 0.404 0.361 0.322 0.287 0.257 0.229 0.205 0.183 0.163 0.146 0.130 0.116 0.104 0.093 0.083 0.074 0.066 0.059 0.053 14% 0.877 0.769 0.675 0.592 0.519 0.456 0.400 0.351 0.308 0.270 0.237 0.208 0.182 0.160 0.140 0.123 0.108 0.095 0.083 0.073 0.064 0.056 0.049 0.043 0.038 0.033 16% 0.862 0.743 0.641 0.552 0.476 0.410 0.354 0.305 0.263 0.227 0.195 0.168 0.145 0.125 0.108 0.093 0.080 0.069 0.060 0.051 0.044 0.038 0.033 0.028 0.024 0.021 0.513 0.467 0.424 0.386 0.350 0.319 0.290 0.263 0.239 0.218 0.198 0.180 0.164 0.149 0.135 0.123 0.112 0.102 0.092 0.084 5.008 5.092 5.162 5.222 5.273 5.316 5.353 5.384 5.410 5.432 5.451 5.467 5.480 3.751 3.771 3.786 3.799 3.808 3.816 3.822 3.827 3.831 3.834 3.837 22% 0.820 0.672 0.551 0.451 0.370 0.303 0.249 0.204 0.167 0.137 0.112 0.092 0.075 0.062 0.051 0.042 0.034 0.028 0.023 0.019 0.015 0.013 0.010 0.008 0.007 0.006 0.437 0.370 0.314 0.266 0.22 0.191 0.162 0.137 0.116 0.099 0.084 0.071 0.060 0.051 0.043 0.037 0.031 0.026 0.022 0.019 0.016 0.014 0.402 0.335 0.279 0.233 0.194 0.162 0.135 0.112 0.093 0.078 0.065 0.054 0.045 0.038 0.031 0.026 0.022 0.018 0.015 0.013 0.010 0.009 0.292 0.270 0.250 0.232 0.215 0.199 0.184 0.170 0.158 0.146 0.135 30% 0.769 0.592 0.455 0.350 0.269 0.269 0.207 0.159 0.123 0.094 0.073 0.056 0.043 0.033 0.025 0.020 0.015 0.012 0.009 0.007 0.005 0.004 0.003 0.002 0.002 0.001 0.001 0.222 0.179 0.144 0.116 0.094 0.076 0.061 0.049 0.040 0.032 0.026 0.021 0.017 0.014 0.011 0.009 0.007 0.006 0.005 0.004 0.198 0.157 0.125 0.099 0.079 0.062 0.050 0.039 0.031 0.025 0.020 0.016 0.012 0.010 0.008 0.006 0.005 0.004 0.003 0.002 40% Periods 0.714 Period 1 0.510 Period 2 0.364 Period 3 0.260 Period 4 0.186 Period 5 0.133 Period 6 0.095 Period 7 0.068 Period 8 0.048 Period 9 0.035 Period 10 0.025 Period 11 0.018 Period 12 0.013 Period 13 0.009 Period 14 0.006 Period 15 0.005 Period 16 0.003 Period 17 0.002 Period 18 0.002 Period 19 0.001 Period 20 0.001 Period 21 0.001 Period 22 0.000 Period 23 0.000 Period 24 0.000 Period 25 0.000 Period 26 0.178 0.139 0.108 0.085 0.066 0.052 0.040 0.032 0.025 0.019 0.015 0.012 0.009 0.007 0.006 0.004 0.003 0.003 0.002 0.002 0.250 0.189 0.143 0.108 0.082 0.062 0.047 0.036 0.027 0.021 0.016 0.012 0.009 0.007 0.005 0.004 0.003 0.002 0.002 0.001 0.001 0.001 3.330 22 26% 20% 20% 1.200 24% 1.000 2.321 2 260 3.948 2 280 3.918 3.708 3.778 8.700 12.13 16 594 Corpound Amount of $1.00 The Future Value of $1.001 Perice 2% 4% 8% 9% 10% 12% 14% 16% 18% Period 1 1.020 1.000 1.080 1.090 1.100 1.120 1,140 1100 1.100 Period 2 1.043 1.0142 1.124 1.16 1.21.1 1.254 1.300 1.340 1.392 Period 3 1.09 1.125 1.191 1.280 4.331 1.105 1.182 1591 1.643 Period 4 1.092 1.170 1.282 1.360 1.484 1.574 1.689 1.911 1.939 Period 5 1 104 1217 1338 1469 1511 1762 1825 2100 2288 Period 8 1.128 1285 1.419 1.587 1.772 1,974 2,195 2438 2.700 Period 7 1.149 1.316 1.5014 1.714 1.349 2 211 2.502 2820 3.18 Period 8 1.172 1.389 1.591 1.851 2.144 2.170 2.853 3278 3.759 Period 9 1.195 1423 1.699 1.999 2.359 2.7733.252 3.832 4.435 Period 10 1 219 1480 1.791 2.159 2.594 3.105 3.70T 4411 5.234 Period 11 1243 1.539 .899 2.332 2.853 3.479 4,228 5.117 8.178 Parlad 12 1.2 1.6il11 2.012 2.514 3.13 3.80 4.418 5931 7 .288 Period 13 1.294 1.885 2. 133 2.720 3.452 4.983 5.192 6.8BE8 .599 Period 14 1.319 1.732 2.281 2.937 3.797 4.647 6.261 7998 10.147 Period 15 1 346 1891 2.397 3.172 4.177 5.474 7.138 925 11.874 Period 16 1372 1873 2.540 1.428 4.595 8.130 9.137 0.748 14.129 Parlad 17 1.4.11 1.9148 2.693 3.70!! 5.04 li.si 91.276 12.418 16.672 Period 18 1.428 2.026 2.854 3.998 5.880 7.690 10.575 14483 18.673 Period 19 1.457 2.107 2.028 4.318 6.116 9.613 12.000 16.777 23.214 Period 20 1486 2.191 3.207 4.681 6.727 9.645 13.743 19451 27.393 Period 21 1.518 2.279 1.400 5.0347.400 10.804 15.6B 12.574 32.224 Parlad 22 1.54 2.370 3.604 5.437 4.141 12.10111 17.461 26.16 34.142 Period 23 1577 2485 3.820 5.871 8.954 13 552 20.582 30.376 45.003 Periad 24 1.60 2.863 4.049 6.341 9.884 15.179 23.212 25.236 53.109 Period 25 1.644 2.656 4.292 6.848 10.835 17.000 25.462 40.87462.669 Period 26 1.873 2.772 4.549 7.398 11.913 19.040 30.167 47.414 73.649 Period 27 1.707 2.810 4.822 7.90913.110 21.325 34.29) 56.000 87,200 Perlod 28 1.741 2.91919 5.112 4.627 14.424 23.884 331.204 63 AND 1012.567 Period 29 1.778 3.119 5.418 9.317 15.833 28.750 44.693 74.009 121.501 1.728 2.074 2488 2.66 3.583 4.300 5.160 6.152 7.430 2.1116 1 0.699 12.039 15.407 18.483 22.16 28.623 31.948 33.338 48.005 .20 83.247 79.497 95.395 114.475 137.371 1614.845 197.814 22% 1.220 1.4H8 1.8-6 2.216 2.703 3.267 4.123 4.808 6.907 7.305 8.912 101.72 13.264 16.182 19.742 24.006 21.384 35.849 43.236 53.358 05.098 7914-18 93.889 118.205 144.210 175.938 214.842 261.464 319.474 24% 28% 1.240 1.260 1..28 1.907 2.000 2.384 2.520 2.932 3176 3.885 2002 4.51118 5580 8.353 6.931 2.005 8.594 10.00 10.857 12.709 13.215 10.112 20.175 20.319 25.421 25.156 32.090 31.243 40.369 38.741 5.1.951 48.039 64.072 59. B 73.864 101.721 91.542 121.189 113.574 1611.492 140.881 203.480 174.631 255.285 216.542 323.045 289.512 407.007 332.456512.837 412.464 646.212 511.952 814.223 Compound Arount of Armuity of $1.00 in versture Value of Armily Periccs 2 % 4% 6% 8% 10% 12% 14% 16% 18% 20% Period 1 1.000 1.000 1.000 1.000 1.000 1.000 1.000 1.000 1.000 Period 2 2.020 2040 2041 2080 2.100 2.121 2140 2 1611 2 190 22:10 Period 33.000 3.122 3.184 3248 3.3 103.374 3.440 3.508 3 572 3840 Period 4 4.122 4.241 4.37! 4.5.11 4.141 4.779 4.921 5.Deti 5.215 5.358 Period 5 5.204 5416 5.637 5.887 6.105 6.863 8.6106.877 7.154 7442 Period 68.209 86338.975 7.338 7.716 116 9.50 .9779442 9.9310 Period 7 7.434 7 898 9.394 89239487 10 039 10730 11.414 12 142 1296 Period 8 8.583 9214 9.897 10.837 11.436 12.300 13.233 14.240 15.327 18.499 Period 9 51.7! 10.543 11.491 12.448 13.579 14.778 18.083 17.51! 19.16 20.79199 Period 10 10.850 12.006 13.181 14.487 15.837 17.610 12.337 21.321 23,521 25.959 Period 11 12.109 13.406 14.972 16.645 19.531 20.655 23.045 25.733 28.756 22.150 Period 12 13.412 15 026 16 870 18 977 21.984 24 133 27.271 30 850 34 931 99 591 Period 13 14.680 16.827 10.832 21.495 24.523 20.020 32.089 38 708 42.21948.497 Period 14 15.0374 18.282 21.015 24 215 27.0075 32.393 37.581 43.672 50.418 50.1916 Period 15 17.293 20.024 23.278 27.152 31.772 37.280 43.842 51.830 60.965 72.035 Period 16 19.639 21.926 25.673 20.324 35.960 42.753 53. 80.925 72.929 B7.442 Period 17 20.012 23.588 28.213 33 750 40.545 49.834 59.118 711 673 87 058 105.331 Period 18 21.412 25.845 30.908 37.450 45.599 55.750 60.394 94.141 103.740 128.11 7 Period 19 22.441 27 671 33.761 41.446 51.1591 3.44.1 74.369 518.603 123.414 154.740 Period 20 24.297 29.778 38.788 45.782 57.275 72.052 91.025 115.390 149,928 488,888 Period 21 25.783 31.98 36.993 423 44.102 91.699104.769 124 444 174.021 225.026 Period 22 27.299 34 248 43.992 55.457 71.403 92.503 120.435 157 415 205.345 271.331 Period 23 20.045 38.818 48.998 80 892 79.543 104.803 134.297 143801244.467 328.227 Perlod 24 311.422 30.0143 51.811 66.765 8H.497 11H. 155 15.623 23.974 2841.414 332.484 Period 25 32.000 41.846 54.885 73.106 98.347 133 334 181.871 249 214 342.903 471.981 Period 26 33.671 44.312 59.156 79.954 109.182 150 334 204.333 290.09 405.272 567.377 Period 27 35.344 47.084 59.705 87 351 121.103 189 374 238.499 337 502 479 221 681.853 Period 28 37.061 49.988 80.620 96.339 134.210 190 099 272.289 302 503 566,401 019.223 Perlod 29 39.792 52.166 73.6411 103.66 14H.631 214.583 312.094 4563113 6641.447 984.168 7.740 8.368 10.442 10.903 11.544 13740 14 615 15 546 17.782 19.123 20.588 22.6711 21.9140 28.657 31.643 $4.945 35.982 40.239 45.031 44 874 50.895 57.799 55.748 84.110 73.751 2.0111 8 11.49% 33.5126 05.192 100.815 119.317 104.935 126.011 161.277 129 020 157.253 191.756 158.405 195.994242.585 194254 724.033 3061.158 237 989 303.601 587.389 291347 377,465 499.110 356.443 459.055 617.278 415.881 502.631 779.771 532.750723.461 582.251 850.955 898.092 1238.633 795.16 1114.634 1561.682 971 102 1383.14 1968.719 1105.744 1716.101 2431.583 1447 118 2128.95 3127.798 $8.593 0.398 65.510 84.053 1031.512 141.303 181. 233.791 389.323 492.213 3264 811.399 1040.350 1332.6S 1708.803 2185.704 2798.709 3581.144 4587.6801 E 7 11 1 Manchester Clinic, a taxpaying entity estimates that it can save $23.000 a year in cash operating costs for the next years buys a special purpose eye testing machine at a cost of $90,000. No terminal disposal value is expected. Manchester Clinic's required rate of retum is 14%. Assume al cash flows our year-end except for i n vestment amounts Manchester Clinics straight line depreciation. The income tax rate is 28% for transactions that the income taxes Present Value of $1 table Present Value Annuity of 51 table Future Value of 51 table Future Value of Annuity of $1 table Read the requirements Requirement 1. Calculate the following for the special purpose eye testing machine Nel present value (NPR) Round interim calotions and your finanswers to the nearest whole dollar. Use a minus sign or parentheses for a negative represent value) The nel present value is 0 Requirements 1. Calculate the following for the special purpose eye-testing machine Ne present value b. Payback period G internal rate of return d. Accrual accounting rate of return based on net initial investment Aceral accounting rate ofretum based on average investment 2. How would your computations in requirement beached the special purpose machine had a $13.000 terminal disposal at the end of years Assume depreciation deductions are based on the $90.000 puhas cost and zero terminal disposal value using the straight-line method. Answer briefly in words without further calculations