To upgrade technology. The price of the machine being considered is $210,000. Installation cost are $20,000. They expect the increased sales (net of expenses except for depreciation) or EBITDA to be 80,000 for year 1, 130,000 year 2, and 70,000 year 3. The machine can be sold for $40,000 at the end of the project. Tax rate 40%. MACRS 3 years. a. What is the terminal value? b. If WACC is 10.65%, what is the NPV? c. Using same information. But now WACC is 10.65%, what is the IRR? d. Using same information, with WACC 10.65%. What is the payback period? e. Based on NPR and IRR, should they purchase the new equipment?