To begin production of 250,000 units, Full Access Corp. must purchase the equipment ($100,000) described above on June 1st,2022. Production is expected to begin on August 1st, at which point production costs of $5.50 /unit (material and labour) will be incurred. Full Access Corp. will purchase material and pay labour costs at the beginning of each month during production (August 1st to December 1st). Moreover, Full Access Corp. is expecting to produce one fifth of the total units each month. a. (4 marks) Calculate the NPV of production costs as of June 1st. Assume an annual interest rate of 1.7% compounded monthly. b. (4 marks) Alternatively, Full Access Corp. can have a foreign company produce the product at $6/ unit instead, with a full payment on June 1st. Should Full Access Corp. make or buy the product? Justify your answer using a minimum of two constraints we discussed in this course. c. (2 marks) Due to COVID-19, the cost of the new equipment may go up by $100,000 by June 1st.. If this happens, should Full Access Corp. make or buy the product? Why? Did the decision change