Use the following information about the potential purchase of a new assembly line to answer the next eight (8) questions:

Purchase Price for assembly line	$(65,000)
Shipping cost for assembly line	$ (5,000)
Change in Net Working Capital	$(10,000)
Increase in Sales	$ 45,000
Increase in Operating Expenses	$ 30,000
Increase in Annual Depreciation	$ 10,000
Tax Rate	40%
Expected Salvage Market Value for assembly line	$ 35,000
Expected Salvage Book Value for assembly line	$ 35,000
Company Cost of Capital	10%
Expected Life (in years)	3

Question 13 options:

Using the above information, calculate the project's Payback Period.

years. [Do not include any symbols in your response, and you should round to one decimal place (i.e., if your answer is 4.321 years, then submit 4.3).]

Question 14 (4 points)

Question 14 options:

Using the above information, calculate the project's Net Present Value (NPV).

[Do not include the $ symbol in your response, and you should round to the nearest whole dollar (i.e., if your answer is $7,654.32, then submit 7654). If your answer is a cash outflow, be sure to indicate with a "-" sign (i.e., if your answer is a cash outflow of $5,432.10, then submit -5432).]

Question 15 (2 points)

Based on your result for the NPV in the above question, what can you conclude?

Question 15 options:

	The project should be accepted.
	Due to a negative NPV, the project should be rejected.
	Cannot be determined from the information provided.

Question 16 (4 points)

Question 16 options:

Using the above information, calculate the project's Internal Rate of Return (IRR).

[Do not include the % symbol in your response, and you should round to one decimal place (i.e., if your answer is 4.321%, then submit 4.3).]

Question 17 (2 points)

Based on your IRR result from the above question, what can you conclude?

Question 17 options:

	The project should be accepted.
	The project should be rejected.
	Cannot be determined from the information provided.