USE THE FOLLOWING INFORMATION FOR QUESTIONS 4-8 Happy Company is considering the purchase of a new machine that would cost $120,000. The machine would have a useful life of 6 years. Happy Company plans on using straight-line depreciation with an estimated salvage value of $0. Happy Company has a hurdle rate of 8% and is subject to an income tax rate of 60%. The annual cash income is estimated to be $40,000. PV TABLES CAN BE FOUND ON PAGE 13. In questions 4 , , you evaluated Happy Company's proposed $120,000 capital budgeting project wherein the income tax rate was estimated to be 60%. If instead, what would be the impact on the net present value of the proposal if the actual income tax rate was 25%