Suppose that we can increase the efficiency of our production process by buying a new machine. The necessary equipment costs $80,000 to buy and install, and is expected to reduce our production costs by ($22,000) per year once it's in place, Assume that the equipment has a 5 year economic life and will straight-line depredated over that time. Assume also that it can be sold for $20,000 at the end of that period. The company's tax rate is 34%. and it plans to use a discount rate of 10% to evaluate this opportunity. What is the initial cost of this investment? What is the salvage value of this investment (in year 5)? How will this investment affect the firm's operating cash flow, once the machine is installed? Calculate the Net Present Value (NPV) of this project, assuming that the machine is sold after 5years. Should the firm pursue this investment