Question 2 Not yet answered Marked out of 40.00 Flag question 2. (Points 40) A machine to sell ice-cream is available in the market for $20000. You could sell ice creams for $3 per cone, and you estimate to be able to sell 55 cones per day if renting a place in the local mall. You can operate only 322 days per year after considering vacations and holidays. The monthly renting fee in the local mall is $1500 and you can hire 2 employees to take care of the ice cream stand, each with a monthly salary of $900. Material and other costs are $13000 per year. If your MARR is 20% and you are planning to retire in 10 years, answer the following questions: a) (Points 10) Write the equation to evaluate this project when using Present Worth Method a) (Points 10) What is the present worth of this project? Instructions: Use 4 digits in your calculations and reporting the answers. Do not write commas or apostrophes. Do not write $ (dollar sign) or any other symbol, just write the number. PW=$ b) (Points 10) Is this a good investment or not? c. (Points 10) Draw the cashflow diagram. (Drag & Drop in the image of your work in the following box as a JPG, PNG, etc.) Give your reasons A BI