Raymobile Motors is considering the purchase of a new production machine for $$400,000.$ The purchase of this machine will result in an increase in earnings before interest and taxes of $$110,000$ per year. To operate this machine properly, workers would have to go through a brief training session that would cost $$20,000$ after taxes. It would cost $$7,000$ to install the machine properly. Also, because the machine is extremely efficient, its purchase would necessitate an increase in inventory of $$50,000.$ This machine has an expected life of $10$ years, after which it will have no salvage value. Assume simplified straight$-$line depreciation and that this machine is being depreciated down to zero, a $31$ percent marginal tax rate, and a required rate of return of $17$ percent.a$.$ What is the initial outlay associated with this project?b$.$ What are the annual after$-$tax cash flows associated with this project for years $1$ through $9?$c$.$ What is the terminal cash flow in year $10($what is the annual after$-$tax cash flow in year $10$ plus any additional cash flows associated with the termination of the project$)?$d$.$ Should the machine be purchased?a$.$ What is the initial outlay associated with this project?$($Round to the nearest dollar.$)$b$.$ What are the annual after$-$tax cash flows associated with this project for years $1$ through $9($note that the cash flows for years $1$ through $9$ are equal$)?$$$($Round to the nearest dollar.$)$c$.$ What is the terminal cash flow in year $10($what is the annual after$-$tax cash flow in year $10$ plus any additional cash flows associated with the termination of the project$)?($Round to the nearest dollar.$)$d$.$ What is the project's NPV given a required rate of return of $17$ percent?$($Round to the nearest dollar.$)$Should the machine be purchased? $($Select the best choice below.$)$ A$.$ Yes. The project's NPV is positive.