urgent! ! Please write down the detailed calculation steps for each question Please note: Part a.of this question,caiculation of tax effects and incremental cash flowscan be set up usingexcel.However,after you construct your table in Excel please simply copy and paste into a Word document.Remember you must soive each problem using the appropriate formula/e and you must show all calculations, so you have to showhowthe NPVetc.was derived.This does not mean giving the Excel algorithm nor the cell references, as they do not show how the solution was derived.So for example show how you have discounted the cash flows. Afler conducting a market research that cost $2,ChromeLtd is considering the purchase of a new machine for their printing business. The machine will cost $440,000and Chrome will need to spend another$10.000 to install the machine.The machine will be installed in a building the company owns. This building is currently being rented out under a 10 year lease agreement signed 6 vears ago.The lease payment is 530.000 a vear and the next payment due at the end of one year.Under the lease aareement Chrome can cancel the lease today by paving the tenant compensation eaual to one vear's rental payment plus 10%. bu this amount is not deductible for income tax purposes. The new machine will increase the companys revenue by $250,000 per year but the variable costs will also increase by $35,000 per year and fixed costs will increase by $10,000 per year.The machine will be depreciated on a straight-line basis to zero salvage value over the 4 years life of the project.Chome believes it can sell the machine at the end of4vears for S20.000. The company will reauire addiions to current assets ofS35.000 at the becinnina of the proiect.which will be fully recover able at the end of the fourth year. The reauired payback of the company is 2 years and the reauired rate of retum is 10% p.a. The company tax rate is 30%. As a financial manager of the company,youre conducting a capital budgeting analys is of this project.

a.Calculate the tax effects and the incremental cash flows for each vear(Yoto Y4 inclusive)(15 marks

b.Calculate the pavback period of the proiect(Show answer correct to tpdecima places.)(4 marks

c.Caiculate the net presentvalue of the project.(Show answer correct to the nearer cent.)(6 marks)

d.Calculate the pres ent value index of the proiect(Show answer corect to four decimal olaces. marks)

e Calculate the discounted payback period of the project.(Show answer correct to two decimal places) (5 marks)

f.Calculate the intenal rate of retum of the project using"trial&error and interpolationmethod.(Show answer correct to four decimapaces(marks

g.Now consider the following scenario: ASLonly achieve $225,000 increase in revenue per year, all other projections remain unchanged.Calculate the incremental cash flows for each year(Yo-Y4) and net present value.(8 marks)

h.Combining all the analysis,evaluate if ASL should accept the project or not.Word limit 250words)(5 marks) Don't miss the answer to this little question