The management of Ballard MicroBrew is considering the purchase of an automated botting machine for 565,000 . The machine would replace an ofd piece of equiprrent that costs 517.000 per year to operate. The new machine would cots 58000 per yeat to operate The old machine currentiy in use ts fully depreciated and could be sold now for a salvacie value of $29,000 The rew machine would have a useful life of 10 yoars with no salvage value. Requirec: 1 What is the annual depreciation expense associatod with the new botting machine? 2. What is the annual incremental net operating income provided by the new botthng mochine? 3. What is the amount of the tritial imestment associated with this project that should be used for calculating the simple rate of return? 4. What is the simple rate of return on the new bottling machine? (Round your answer to 1 decimal place l.e. 0.123 should be considered as 12,39(i