Qu aunton 23 1 S&S Farms is considering replacing a line of packing equipment that was purchased several years ago for $420,000. The new more efficient line will cost $940,000 installed and can be depreciated on a straight-line basis over 20 years. With the increased efficiency, S&S expects annual revenues to increase by $425,000 and operating expenses to increase by $170,000. Point out of 1CDO 10 Remove flag The older line, which is being depreciated at the straight-line rate of $20,000/year, can be sold today for $30,000. The current book value of the older line is $60,000 and it will be fully depreciated in three years. The older line is not expected to have any value at the end of its useful life. Fic TI S&S expects to use the new line for 20 years and then sell it for $10,000. Assume the firm's marginal tax rate is 25%. Answer the following questions. What is the net initial investment (NIN) required for this proposed replacement project? What is the expected net operating cash flow for the final year of the replacement project (Year 2017 a What is the expected total net cash flow for the final year of the replacement project (Year 2017