Use the information below for questions (9) to (14) The Burgon company is considering a four-year project to improve its production efficiency. Buying a new machine press for $730,000 is estimated to result in $270,000 in annual pre-tax savings. The press falls in the MACRS five year class, and it will have a salvage value at the end of the project of $70,000. The press also requires an initial investment in inventory of $15,000 along with a decrease of $5,000 in other current assets, such as receivables, for each succeeding year of the project. Any NWC investment will be fully recovered at the end of the project's life (t=4). The company tax rate is 35 percent. The discount rate is 8 percent. Below is the MACRS schedule. Note: For simplicity, aswume that the Burgon company has constant current liablities and that its NWC only depends upon its current assets. Compute the book value of the equipment at the end of the project. Show your work. Compute the after-tax salvage value. Comment on your result. Compute the Operating Cash Flows for the Burgon company for Year (1) through (4). Does the firm face any Oppertunity Cost from investing? Explain your answer and show the calculations, if necessary. Construct the Total Cash Flows of Investment for Year (0) through (4). Question 14