The Ohm Depot Co. is currently considering the purchase of a new machine that would increase the speed of manufacturing electronic equipment and save money. The net cost of the new machine is $ 66,000. The annual cash flows have the following projections:

Year Amount ($)

0 ( 66,000)

1 21,000

2 29,000

3 36,000

4 16,000

5 8,000

If the cost of capital is 10 percent, find the following:

The NPV

The IRR

Payback

PI