please do both requirements

Seattle Hospital, 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. Seattle Hospital's required rate of return is 14%. Assume all cash flows occur at year-end except for initial investment amounts. Seattle Hospital 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 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.) The net present value is b. Payback period (Round your answer to two decimal places.) The number of years for the payback period is C. Internal rate of return (Round the rate to two decimal places, X.XX%.) The internal rate of retur (IRR) is d. Accrual accounting rate of return based on net initial investment (Round interim calculations to the nearest whole dollar. Round the rate to two decimal places, X.XX%.) Based on the net initial investment, the accrual accounting rate of return (AARR) is %. e. Accrual accounting rate of return based on average investment (Round interim calculations to the nearest whole dollar. Round the rate to two decimal places, X.XX%.) Based on average investment, the accrual accounting rate of return (AARR) is %. % Requirement 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. because the disposal NPV would value because the disposal Payback would value because the disposal IRR would value because the disposal AARR would value under either method. - Reference Present Value of $1 Periods 2% 4% Period 1 0.080 0.962 Period 2 0.961 0.925 Period 3 0.942 0.889 Period 4 0.924 0.855 Period 5 0.906 0.822 Period 6 0.888 0.790 Period 7 0.871 0.760 Period 8 0.853 0.731 Period 90.837 0.703 Period 10 0.820 0.676 Period 11 0.804 0.650 Period 12 0.788 0.625 Period 13 0.773 0.601 Period 14 0.758 0.577 Period 15 0.743 0.555 Period 16 0.728 0.534 Period 17 0.714 0.513 Period 18 0.700 0.494 Period 19 0.686 0.475 Period 20 0.673 0.456 Period 21 0.660 0.439 Perlod 22 0.647 0.422 Period 23 0.634 0.406 Period 24 0.822 0.390 Period 25 0.610 0.375 Period 26 0.598 0.361 Period 27 0.586 0.347 Period 28 0.574 0.333 0.322 6% 8% 10% 12% 0.943 0.926 0.909 0.893 0.890 0.857 0.826 0.797 0.840 0.794 0.751 0.712 0.792 0.735 0.883 0.636 0.747 0.681 0.621 0.567 0.705 0.630 0.564 0.507 0.665 0.583 0.513 0.452 0.627 0.540 0.467 0.404 0.592 0.500 0.424 0.361 0.558 0.463 0.386 0.527 0.429 0.350 0.287 0.497 0.397 0.319 0.257 0.409 0.368 0.290 0.229 0.442 0.340 0.263 0.205 0.417 0.315 0.230 0.183 0.394 0.292 0.218 0.163 0.371 0.270 0.198 0.146 0.350 0.250 0.180 0.130 0.331 0.232 0.164 0.116 0.312 0.215 0.149 0.104 0.294 0.199 0.135 0,093 0.278 0.184 0.123 0.083 0.262 0.170 0.112 0.074 0.247 0.158 0.102 0.066 0.233 0.146 0.092 0.059 0.220 0.135 0.014 0.053 0.207 0.125 0.078 0.047 0.196 0.116 0.069 0.042 14% 0.877 0.709 0.575 0.592 0.519 0.456 0.400 0.351 0.308 0.270 0.237 0.208 0.182 0.160 16% 18% 20% 22% 24% 26% 28% 30% 32% 40% Periods 0.862 0.847 0.833 0.820 0.806 0.794 0.781 0.769 0.758 0.714 Period 1 0.743 0.718 0.694 0.672 0.650 0.630 0.610 0.592 0.574 0.510 Period 2 0.641 0.600 0.570 0551 0.524 0.500 0.477 0.455 0.435 0.364 Period 3 0.552 0.516 0.482 0.451 0.423 0.397 0.373 0.350 0.329 0.280 Period 4 0.476 0.437 0.402 0.370 0.341 0.315 0.291 0.269 0.250 0.186 Period 5 0.410 0.370 0.335 0.303 0.275 0.250 0227 0.207 0.180 0.133 Period 6 0.354 0.314 0.279 0.249 0.222 0.198 0.178 0.159 0.143 0.095 Period 7 0.305 0.266 0.233 0.204 0.179 0.157 0.130 0.123 0.100 0.068 Period 0263 0225 0.194 0.167 0.144 0.125 0.108 0.094 0.082 0.048 Period 9 0.227 0.191 0.162 0.137 0.116 0090 0.085 0.073 0.062 0.035 Period 10 0.195 0.162 0.135 0.112 0.094 0.079 0.066 0.056 0.047 0.025 Period 11 0.168 0.137 0.112 0.092 0.076 0.062 0.052 0.043 0.036 0.018 Period 12 0.145 0.116 0.093 0.075 0.081 0.050 0.040 0.033 0.027 0.013 Period 13 0.125 0.099 0.078 0.062 0.049 0.039 0.032 0.025 0.021 0.009 Period 14 0.108 0.084 0.065 0.051 0.040 0.031 0.025 0.020 0.016 0.006 Period 15 0.093 0.071 0.054 0.042 0.032 0.025 0.019 0.015 0.012 0.005 Period 16 0.080 0.060 0,045 0.034 0.026 0.020 0.015 0.0120.009 0.003 Period 17 0.069 0.051 0.038 0.028 0.021 0.016 0.012 0.0090.007 0.002 Period 18 0.060 0.043 0.031 0.023 0.017 0.012 0.009 0.007 0.005 0.002 Period 19 0.051 0.037 0.026 0.019 0.014 0.010 0.007 0.005 0.004 0.001 Period 20 0.044 0.031 0.022 0.015 0.011 0.008 0.008 0.004 0.003 0.001 Period 21 0.038 0.026 0.018 0.013 0.009 0.006 0.004 0.003 0.002 0.001 Period 22 0.033 0.022 0.015 0.010 0.007 0.005 0.003 0.002 0.002 0.000 Period 23 0.028 0.019 0.013 0.008 0.006 0.004 0.003 0.002 0.001 0.000 Period 24 0.024 0.016 0.010 0.007 0.005 0.003 0.002 0.001 0.001 0.000 Period 25 0.021 0.014 0.009 0.006 0.004 0.002 0.002 0.001 0.001 0.000 Period 26 0.018 0.011 0.007 0.005 0.003 0.002 0.001 0.001 0.001 0.000 Period 27 0.016 0.010 0.006 0.004 0.002 0.002 0.001 0.001 0.000 0.000 Period 28 0.140 0.123 0.108 0.095 0.083 0.073 0.064 0.056 0.049 0,043 0.038 0.033 0.029 0.026 . Print Done Reference Present Value of Annuity of $1.00 in Arrearst Periods 2% 4% 6% 8% 10% Period 1 0.980 0.962 0.943 0928 0.909 Period 2 1.942 1.886 1.833 1.783 1.736 Period 3 2.884 2.775 2673 2.577 2.487 Period 4 3 808 3.630 3465 3.312 3.170 Period 5 4.713 4.452 4212 3.993 3.791 Period 6 5,601 5.242 4.917 4.623 4.355 Period 7 5.472 6.002 5.582 5200 4.868 Period 87.325 6.733 6.210 5.747 5.335 Period 9 8.162 7.435 6.802 6,247 5.750 Period 10 8.983 8.111 7360 6.710 6.145 Period 11 9.787 8.750 7.887 7.139 6.495 Period 12 10.575 9.385 8.384 7.536 8.814 Period 13 11.348 9.986 8.853 7.904 7,103 Porlod 14 12.106 10.563 9.295 8.244 7.367 Period 15 12 849 11.118 9.712 8.559 7.606 Period 16 13.578 11,652 10.108 8.851 7824 Period 17 14.292 12 166 10.477 9.122 8.022 Period 18 14.992 12 659 10.828 9.372 8.201 Period 19 15.678 13.134 11.158 9.604 8.365 Period 20 16,351 13500 11.470 9.810 8.514 Period 21 17.011 14.029 11.754 10.017 8.549 Period 22 17.658 14.451 12.042 10.201 8.772 Porlod 23 18.292 14.857 12.303 10.371 8883 Period 24 18.914 15.247 12.550 10.529 8.985 Period 25 19.523 15.622 12.783 10,675 9.077 Period 26 20.121 15.983 13.003 10.810 9.161 Period 27 20.707 16.330 13.211 10.935 9.237 Period 28 21.281 16.663 13.406 11.051 12% 0.893 1.600 2.402 3,037 3.605 4.111 4.564 4.968 5.328 5.650 5.938 6.194 6.424 6.628 6.811 6.974 7.120 7.250 7.306 7460 7.562 7.545 7718 7.764 7.843 7 896 7.043 7.984 14% 0.877 1.647 2322 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 5.835 6.873 8.900 6.935 6.961 16% 0.862 1.605 2246 2.79 3274 3.685 4030 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 6011 6.044 6.073 8.097 6.118 6.136 6.152 18% 0.847 1.566 2.174 2.690 3.127 3.498 3.812 4.078 4,303 4.494 4.656 4.793 4.910 5.000 5.092 5.182 5 222 5.273 5.316 5.353 5.384 5.410 5,432 5.451 5.467 5.480 5.492 5.502 20% 0.833 1.528 2.106 2.589 2.991 3.326 3.605 3.837 4,031 4.192 4327 4.439 4.533 4.611 4.675 4.730 4.775 4,812 4.843 4.870 4.891 4.909 4.925 4.937 4.948 4.956 4.984 4.970 22% 0.820 1.492 2.042 2494 2.884 3.167 3.416 3.619 3.786 3.923 4.035 4.127 4203 4 265 4315 4.357 4.391 4419 4.442 4.460 4.476 4488 4.490 4.507 4514 4520 4.524 4.528 24% 0.806 1457 1.981 2.404 2.745 3.020 3.242 3.421 3.566 3.682 3.776 3.851 3.912 3.982 4.001 4,033 4,050 4,080 4,097 4.110 4.121 4,130 4.137 4.143 4.147 4.151 4.154 4.157 26% 0.7044 1.424 1.923 2.320 2635 2.885 3.083 3241 3.366 3.465 3.543 3.600 3.656 3.695 3.726 3.751 3.771 3.786 3.799 3.806 3.816 3.822 3.827 3.831 3.834 3.837 3.839 3840 28% 0.781 1.392 1.868 2.241 2532 2759 2.937 3.076 3.184 3209 3335 3.387 3.427 3.450 3.483 3.503 3.518 3.529 3.539 3.546 3.551 3556 3.550 3562 3.564 3.560 3.567 3.568 30% 0.780 1.361 1816 2.168 2.438 2.643 2.802 2.925 3.019 3.092 3.147 3.190 3223 3249 3.268 3.283 3.295 3.304 3.311 3.316 3.320 3323 3325 3327 3329 3.330 3.331 3.331 32% 0.758 1.331 1.768 2.096 2.345 2534 2.677 2.786 2.868 2.930 2.978 3.013 3.040 3.061 3.078 3088 3.097 3.104 3.100 3.113 3.116 3.118 3.120 3.121 3.122 3.123 3.123 3.124 40% Periods 0.714 Period 1 1.224 Period 2 1589 Period 3 1849 Period 4 2035 Period 5 2.168 Period 6 2263 Period 7 2331 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 2484 Period 15 2.489 Period 16 2.492 Period 17 2494 Period 18 2.496 Period 19 2497 Period 20 2.498 Period 21 2.490 Period 22 2.499 Period 23 2499 Period 24 2 499 Period 25 2.500 Period 26 2.500 Period 27 2.500 Period 28 9.307 Print Done Reference 20% 1200 1.638 2097 2.684 3.430 4 395 Compound Amount of $1.00 (The Future Value of $1.00) Periods 2% 4% 6% 8% 10% 12% 14% 16% 18% 20% 22% Period 1 1020 100 24% 1.000 1.050 1.100 1.120 1.140 1.100 1.180 1.200 1220 1.240 Period 2 1.040 1082 1.124 1.166 1.210 1.254 1.300 1.346 1332 Period 3 1001 1.125 1.440 1.48 1.538 1.191 1.260 1.331 1.405 1482 1.581 1.643 1.728 1.816 Period 4 1082 1.170 5.262 1.907 1,360 1.454 1574 1689 1811 1930 2074 2.215 2384 Period 5 1.104 1.257 9.33 1.469 1.011 1752 1925 2.100 2288 2.488 2.703 2.932 Period 6 1.128 1265 1.419 1.587 1.772 1.974 2.195 2.430 2700 2900 3297 3.635 Period 7 1.149 1316 1504 1.714 1.960 2211 2.502 2.620 3.185 3.583 4.023 4.500 Period 8 1 172 1.369 1.594 1.851 2.144 2.470 2.853 3.278 3.750 4300 4.908 5.590 Porlod 9 1.195 1423 1.580 1.900 2358 2.773 3.252 3.803 4,435 5.160 5937 6.931 Period 10 1.219 1480 1.791 2 159 2594 3.100 3707 4.411 5.234 6.192 7305 8594 Period 11 1.243 1.530 1.898 2.332 2853 3.470 4226 5.117 6.178 7.430 8.912 10,657 Period 12 1.268 1.601 2012 2.518 3.138 3.896 4.818 5.900 7.288 8910 10.872 13.215 Period 13 1.294 1665 2.133 2.720 3.452 4.363 5.492 6.885 8.599 10690 13.264 16.386 Period 14 1.319 1.732 2.261 2.937 3.797 4.887 6.261 7.988 10.147 12839 16.182 20 319 Period 15 1 346 1.801 2397 3.172 4.177 5.474 7.138 9.200 11 974 15.407 19.742 25.196 Period 16 1373 1.373 2540 3426 4.595 6.130 8.137 10.748 14.129 18.48 24.08 31.243 Period 17 1.400 1.948 2693 3.700 5.054 6.866 9.278 12468 16.672 22185 29384 38.741 Period 18 1.428 2025 2.854 3.000 5.560 7690 10.575 14.463 19.673 26 623 35.849 48.000 Period 19 1457 2.107 3.020 4.310 0.110 8.613 12.056 16.777 23 214 31.948 43.736 59.58 Period 20 1.486 2.191 3.207 4661 6.727 9.646 13.743 19.461 27303 38.338 53.350 73.864 Period 21 1516 2.279 3.400 5034 7.400 10.804 15.088 22 574 32 324 40.000 65.000 91.592 Period 22 1546 2370 3.504 5.437 8.140 12.100 17 861 26.186 38.142 55 200 79.418 113.574 Period 23 1.577 2,465 3.820 5.871 8.954 13.552 20.302 30.370 45.000 66.247 96.889 140.831 Period 24 1.608 2.563 4.049 5.341 9 ASO 15.179 23212 35.236 53.109 79.497 118.205 174.631 Period 25 1.661 2.666 4.292 8.848 10.835 17 000 26.462 40.874 62.500 95.390 144.210 216.542 Period 26 1 873 2772 4.549 7.390 11.918 19.040 30.167 47.414 73,949 114 475 175 936 208.512 Period 27 1.707 2.883 4822 7.958 13.110 21 325 34 390 55.000 87.260 137.371 214.642 332.955 Period 28 1.744 2.999 5.112 8.627 14421 23.884 39.204 63.800 102.967 164.845261.864 412.304 26% 1.200 1.500 2000 2.520 3.178 4.002 5.042 6353 8.005 10.086 12.700 16.012 20.175 25421 32030 40.358 50.851 64.072 80.731 101.721 128.100 161.452 203.480 256,385 323.045 407.037 512367 646.212 5.629 7206 9.223 11.800 15. 112 19.343 24.750 31.001 40 565 51.923 36.481 85.071 108.890 139.380 178.406 228 10 292.300 374 144 478905 612 998 784.638 1004330 30% 32% 1.300 1120 1.600 1.742 2.197 2300 2.856 3.036 3.713 4.007 4827 5.290 8.275 0.983 8.157 9.217 10.604 12.100 13.780 16.000 17922 21.190 23.208 27.983 30288 36.937 30.374 48.757 51.186 54359 56542 114 954 16.504 112.139 112.455 148.024 146.192 195391 190.000 257 016 247.085 340.449 32.184 449,393 417.539 593 199 542 801 783023 705.641 1033.590 917.333 1364 320 1192530 1800.927 1550 293 2377.224 40% Periods 1.400 Period 1980 Period 2 2.744 Period 3842 Period 4 5.378 Period 5 7.530 Period 10.541 Period 7 14.758 Perioda 20.861 Period 23.925 Period 10 40.496 Period 11 58.694 Period 12 70 371 Period 13 111. 120 Period 14 155 568 Period 15 217,795 Period 16 304 913 Period 17 425.879 Period 10 597 630 Period 19 836683 Period 20 1171 356 Period 21 1839 898 Period 22 2295 857 Period 23 3214200 Period 24 4499 180 Period 25 6299.833 Period 26 8819.764 Period 27 12347.670 Period 28 Print Done Reference - Compound Amount of Annuity of $1.00 in Aran Future Value of Annuity Periods 28 4% 6% 8% 10% 12% 14% 16% 18% 20% 22 24% 26% 20% 30% Period 11.000 1.000 1.000 1000 1.000 1000 1.000 1.000 1.000 1.000 1000 1.000 1.000 1.000 1 000 Period 2 2020 2040 2060 2060 2.500 2.120 2.140 2160 2.180 2 200 2.220 2240 2.250 2280 2.300 Period) 3.000 3.122 3.134 3.243.310 3374 3.440 3.506 3.572 3.540 3.708 3278 3548 3.918 3.990 Period 4 4122 4246 4375 4505 4.641 4279 4.921 5066 5215 5.368 5.5244 5.684 5.848 6010 0.187 Period 5 5204 5.456 5637 5867 6.105 6.353 5.610 6.877 7 154 7442 7.740 8.04 8368 8700 2043 Period 6 6.308 6.833 8.975 73367716 8.115 8.530 8.077 9442 9.930 10442 10.900 11544 12.130 12.750 Period 7 7434 78 8.3948.9239.467 10.00 10.730 11414 12 142 12910 13740 14.615 15.540 16.534 17.583 Period 8 8.5839.214 9.807 10.637 11438 12300 1323314.240 15 327 16.490 17.762 19.123 20.550 22.163 23.858 Period 9 9.755 10.583 11.491 12488 13.579 14.778 16 055 17.510 19.086 20.799 22.670 24.712 20.940 29 30 32015 Period 10 10.950 12.006 13.11 14.487 15.937 17.549 10.337 21 321 23.521 25.955 28.657 31.643 34.945 38.693 42.610 Period 11 12 169 13.480 14.972 18.645 18.531 20.655 23.045 25.733 28.755 32.150 35.962 40.238 45031 5039 56.405 Period 12. 13.412 15 020 16.70 18.977 21,384 24.133 27.271 30.850 34931 39.501 44.874 50.595 57.730 65 510 44.327 Period 13 14 680 10.027 16:52 21405 24.523 28.029 32.080 38.78642219 48.497 55.740 04.110 73.751 14853 97825 Period 14 15.074 18 202 21.015 24 215 27.975 3230037581 43.672 50.818 50.106 69010 10.40 33920 109.612 127913 Period 15 17 293 20 024 23.278 27.152 31.772 37.28043.842 51.000 0.005 72035 100015 110347 141.303 567 250 Period 16 18 659 21 025 25.073 30 324 35.950 42.753 50.90000.925 72.930 87 442 104235 125.011 151377 181.888 218,472 Period 17 20.012 23.000 28 213 33.750 40 545 48.584 50.110 71.673 87.00 105.031 129.020 157253 191735 233,79: 286 014 Period 18 21 412 25.645 30.900 37.450 45 599 55.750 68.39484.141 103.740 128.117 158405 195 994 2442505 300.252 371 518 Period 19 22041 27 671 33.700 41.446 51.150 5.440 78.000.000 123 414 154.70 194254 244033 306.658 385323 483.973 Period 20 24 297 29.778 370 45.702 57 275 72002 01.025 115,300 146.628 1066 237.50 303601 7380 494213 630.105 Period 21 25780 31.000 39.993 60.423 64,002 81.000 104.768 134 341 174 021 225026 2017 377465 400.110 033.600 20.215 Period 22 27 299 M 28 4332 56 457 71403 32503 120 430 157415 200145 271 001 350443 400.00 017 278 011.000 1002 200 Period 2328.84536618 40.000 60.000 70 543 104 603 138.207 183.601 244.407 320 237 436.361 30 778773 1040350 1388 464 Period 24 30 422 30 03 60 618 66.765 407 110 155 156.650 213 078 200 404 302484 532.750 723461 912251 1312 00 1808.003 Period 25 32.000 41 640 5465 73.106 0.347 133,334 101.671 240.214 342.003471,00 650.000 B0802 128-6361706803 Period 26 33 671 44312 50.156 YO054 100.182 150 334 208.333 200.000 405 272 567 37 2348 800 795.166 1114634 1551.682 2185708 5054444 Period 27 35 34447,064 63.706 87 351 121.100 109.374 238.499 337,502 479 221 601853 971.102 1383.146 148.710 2708 706 3071.770 Period 28 37 05149,068 68 528 95330 134.210 100.000 272.880 392.603 606.481 810 223 1185.744 1710.10124615863683.344 5164311 85.192 32% 1000 2320 4062 6362 9.39 13.400 18.696 25.678 34 895 47.062 53122 14.329 112 300 140 240 197997 282350 347 300 459 460 607472 802.363 1000770 1401229 1850622 2443 821 32264 4260 434 5624.772 7425.000 40% Periods 1.000 Period 1 2.400 Period 2 4350 Period 3 7.104 Pored 4 10.940 Periods 16.324 Periode 23.853 Period 7 34305 Period 49.153 Period 59 814 Period 10 98799 Period 11 139235 Period 12 195929 Period 13 275 300 Period 14 386420 Period 15 541.00 Period 10 750.784 Period 17 1014697 Period 10 1401.670 Period 10 2000 200 Period 20 2925.80 Period 21 4097 245 Period 22 5737142 Period 23 3032.000 Period 24 11247.199 Period 25 15747,070 Period 26 22040.910 Period 27 30860674 Period 20 Print Done