Requirement 1. What is the expected net cash inflow per year from purchasing a second shinkwrap machine (i o., now much cost could be saved each year by eliminating the wat Eme)? The expeted net cash infow (cost savings) per year of eliminating employee wait time is Requlrement 2 . What is the pryback penod of the second ahrintwrap machine? Round your antwer to the nearoet two decimat places. Frit enter the farrida, then cacculate the payback period (Round your arvuee to two decinal places.) Requirement 3. What would the expected net cash infow per year be if the houly wage rate used for this analysis was increased by 20% to reflect ehe cost of enpleyee benefis? It the employee wace rate inavased 20\%, the nat cath infow (coet savirgs) per year of elimiehth ectcloyee wait the in Recuirement 4. What is the payback period of the second shrinikwrap nachies when the hereased wage tate is used to calculate the axpected net cash infow per year? Twodecmal blaces) The papback penad of the second swenkmog machine when the roreased wage rate is used it years Requirement5. Dia twe peyback period using the vereased houty wage nate increase or decrease as eompared to the original faybatk period usting the fiourly rate wilheut any benefa incoudest Explain The paptack period uno the noruated houfy wage rase as compared to the onghal bavback berod werg the hourly rale wricol any benefis nouded becauen xpected net cas payback period of the second shrinkwrap machine when the increased wage rate is used is years. Assumptions cost could be saved e - Cost of new shrinkwrap machine plus installation =525,000 - Average wat time per warehouse picker per day =60 minutes - Number of warehouse pickers =7 - Hourly wage of warehouse personnel =$14.00 - Foodbank is open 5 days a week, 52 weeks a year, except for 10 holidays - Expected useful life of machine = 1ilcyears - Expected salvage value =$1.000 Requirements 1. What is the expected net cash inflow per year from purchasing a second shrinkwrap machine (i.e., how much cost could be saved each year by eliminating the walt time)? 2. What is the payback period of the second shrinkwrap machine? Round your answer to the nearest two decimal places. 3. What would the expected net cash inflow per year be if the hourly wage rate used for this analysis was increased by 20% to reflect the cost of employee benefits? What is the payback period of the second shrinkwrap machine when the increased wage rate is used to calculate the expected net cash inflow per yoar? Round your answer to the nearest two decimal places: Did the payback period using the increased hourly wage rate increase or decrease as compared to the original payback period using the hourly rate without any benefits included? Explain. cost could be saved e. at places. sed by 20% fo refiect the late the expected net cas