Relevant cash flow and timeline depiction For each of the following projects, determine the relevant cash flows, and depict the cash fows on a time line a. A project that requires an initial investment of $119,000 and will generate annual operating cash inflows of $21,000 for the next 18 years. In each of the 18 years, maintenance of the project will require a $5,300 cash outflow b. A new machine with an installed cost of $86,000. Sale of the old machine will yield $34,000 after taxes. Operating cash infows generated by the replacement will exoaed the operating cash inflows of the old machine by $19,000 in each year of a 6-yoar period. At the end of year 6, liquidation of the new machine will yield $16,000 after taxes, which is $11,000 greater than the after-tax proccods 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 $4 mllion and will yield annual operating cash inflows of $292,000 for each of the next 14 years. Operating cash outlays will be $23,000 for each year except year 5, when an overhaul requiring an additional cash outlay of $510,000 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 $119,000 and will generate annual operating cash inflows of $21,000 for the next 18 years. In each of the 18 years, maintenance of the project will require a $5,300 cash outilow. (Select all the choices that apply.) ? A. This is a conventional cash flow pattern, where the cash inflows are of equal size, which is referred to as an annuity. ? B. At year 0, the initial investment will be-$119.000. For each of the years 1 thru 18, the net cash flow will be S21.000. ? C. At year 0, the initial investment will be-$119.000. For each of the years 1 thru 18, the net cash flow will be S21.000-$5.300-$15,700 D. Year 16 18 Cash flow $119,000 $15,700 $15,700 $15,700 $15,700 $15,700 $15,700