The directors of Gemilang Berhad plan to buy a new machine costing RM220,000 for making a new product. The machine will have a useful life of 4 years with no scrap value. The cash inflows and cash outflows from the new product for four years are expected to be as follows: The cost of capital is 8%. (a) Calculate for the new machine: (i) the accounting rate of return (ARR) (5 marks) (ii) the net present value (NPV) (4 marks) (iii) the internal rate of return (IRR) using 12% cost of capital (4 marks)