Use the information for the question(s) below. Kinston Industries is considering investing in a machine that will cost $300,000 and will last for three years. The machine will generate revenues of $200,000 each year and the cost of goods sold will be 50% of sales. At the end of year three the machine will be sold for $65,000. The appropriate cost of capital is 10% and Kinston is in the 21% tax bracket. 1) Assume that Kinston's new machine will be depreciated straight line to a book value of $45,000 at the end of year three. What is the after-tax salvage value of this project? (10pt) (Make sure you write your detailed steps of calculations to get full credit) 2) Assume that Kinston's new machine will be depreciated straight line to a book value of $45,000 at the end of year three. What is the NPV for this project? Complete the following Incremental Earnings Forecast table (round your answer to two decimal places). (25pt)