Relevant cash flow and timeline depiction For each of the following projects, determine the relevant cash flows, and depict the cash flows on a time line a. A project that requires an initial investment of $121,000 and will generate annual operating cash inflows of $26,000 for the next 18 years. In each of the 18 years, maintenance of the project will require a $4,600 cash outflow A new machine with an installed cost of $87,000. Sale of the old machine will yield $35,000 after taxes. Operating cash inflows generated by the replacement will exceed the operating cash inflows of the old machine by $19,000 in each year of a 6-year period. At the end of year 6, liquidation of the new machine will yield $20,000 after taxes, which is $12,000 greater than the after-tax proceeds expected from the old machine had it been retained and liquidated at the end of year 6 c. An asset that requires an initial investment of $2 million and will yield annual operating cash inflows of $308,000 for each of the next 14 years. Operating cash outlays will be $19,000 for each year except year 5, when an overhaul requiring an additional cash outlay of $496,000 will be required. The asset's liquidation value at the end of year 14 is expected to be zero. a. A project that requires an initial investment of $121,000 and will generate annual operating cash inflows of $26,000 for the next 18 years. In each of the 18 years, maintenance of the project will require a $4,600 cash outflow. (Select all the choices that apply.) A. B. At year 0, the initial investment wil be-$121,000. At year 0, the initial investment will be-$121,000. For each of the years 1 thru 18, the net cash flow will be $26,000-$4.600-$21.400. For each of the years 1 thru 18, the net cash flow will be $26,000. c. This is a conventional cash flow pattern, where the cash inflows are of equal size, which is referred to as an annuity. D. Year 16 18 Cash flow-$121,000 $21,400 $21,400 $21,400 $21,400 $21,400 $21,400