The management of Batiard MicroBrew is consideting the purchase of an automated botting machine for 5 tzo ooo. The machine would reploce an oid plece of equipment that conts $30.000 per year to operate. The new. machine would cost $12,000 per yes. to operate. The old machine currently in use is fully deprectated and could be sold now for a salvage value of 540.000 . The new machine would have a useful life of 10 years with no salvage value Required: 1 What is the annual depreciation expense associated with the new botting machine? 2 What is the annubi incremental net operating income provided by the few botting machine? 3. What is the amount of the initsal investment associatod with this project that should be used for calculating the simpie rafe of refurn? 4. What is the simple rate of teturn on the new bettikng mochine? (Raund your answer to 1 decimal place las. ar23 should be consldered as 12.3% )