The Tenang Corporation is using a machine that originally cost RM88,000.00. The machine is being depreciated by the straight-line method over 8 years and has 4 years of depreciation remaining. The machine has a book value of RM44.000.00 and a current market value of RM40,000.00. Jacqueline the Chief Financial Officer of Tenang, is considering replacing this machine with a newer model costing RM75,000. The new machine will save RM5,000 in after-tax earnings each year for the next six years. The new machine will be depreciated using straight line method. Jenang Corporation is in the 28% tax bracket and has a 10 percent cost of capital. REQUIRED: a. Calculate the cash inflows from the sale of the old machine. [3 marks] b. Calculate the net cost of the new machine. C. Calculate the incremental depreciation on the new versus the old machine. [3 marks] [3 marks] d. Determine the net present value of the new machine. Should they purchase the new machine? [8 marks]