Raytheon wishes to use an automated environmental chamber in the manufacture of electronic components. The chamber is to be used for rigorous reliability testing and burn-in. It is installed for $1,320,000 and will have a salvage value of $160,000 after 8 years. Its use will create an opportunity to increase sales by $650,000 per year and will have operating expenses of $250,000 per year. All dollar amounts are expressed in real dollars. Depreciation follows MACRS 5-year property, taxes are 25%, the real after-tax MARR is 10%, and inflation is 3.2% 2. Determine the actual after tax cash flows for each year. ATCFO - 5 ATCF; - $ ATCF - $ ATCF3 = ATCF4-5 ATCF-$ ATCF-5 ATCF = 5 ATCF3-5 b. Determine the PW of the after-tax cash flows. PWST-$ c. Determine the AW of the after-tax cash flows. AWST-$ d. Determine the FW of the after-tax cash flows. FWS - $ e Determine the combined IRR of the after-tax cash flows, IRR- so Determine the combined ERR of the after-tax cash flows ERR 36 a. Determine the actual after-tax cash flows for each year. ATCFO - $ ATCF1 = $ ATCF2 - $ ATCF3 - $ ATCF4- $ ATCF5 - $ ATCF = $ ATCF7 - $ ATCFg - $ b. Determine the PW of the after-tax cash flows. PWST - $ c Determine the AW of the after-tax cash flows. AWST - $ d. Determine the FW of the after-tax cash flows. FWST= $ e. Determine the combined IRR of the after-tax cash flows. IRR - f. Determine the combined ERR of the after-tax cash flows. ERR- % % g. Determine the real IRR of the after-tax cash flows. IRR, - % h. Determine the real ERR of the after-tax cash flows. ERR, % Parts a-d: Round your answer to 2 decimal places. The tolerance is $5. Parts e-h: Round your answer to 2 decimal places and present in percentage format. The tolerance is +0.1