Question 28 6 pts For Nos. 48-50. A special purpose machine is to be acquired by paying a P15.000 initial cash payment plus a debt assumption of P135,000. The machine will generate additional net annual cash inflow of P35.000 for the firm throughout the 10 years of useful life of the asset. At the end of its life, a salvage value of 10% of its initial cost will be realized. Assuming that the MARR is 20% per annum 48. Is the project justified using the IRR method? A. IRR 0-1572: Since IRR 8. IRR 0.1984: Since IRR C. IRR 0.2379: Since IRR D. IRR 0.2762: Since BRR MARR. project is not justified. MARR, project is not justified. MARR, project is justified. MARR, project is justified 49. Is the project justified using the ERRR method? A. ERRR 0.2653: Since ERRR B. ERRR 0.2320; Since ERRR CERRR 0.1987. Since ERRR D. ERR 0.1653: Since ERRR MARR, project is justified. MARR, project is justified. MARR, project is not justified MARR, project is not justified 50. Is the project justified using the ERR method? A. ERR 0.1812: Since ERR BERR 0.1974: Since ERR C. ERR 02152 Since ERR D. ERR 0.2278: Since ERR MARR. project is not justified. MARR, project is not justified. MARR, project is justihed MARR, project is justified