value: You did not 10.00 points Matheson Electronics has just developed a new electronic device that it believes will have broad market appeal. The company has performed marketing and cost studies that revealed the following information: a. New equipment would have to be acquired to produce the device. The equipment would cost $474,000 and have a six-year useful life. After six years, it would have a salvage value of about $24,000. b. Sales in units over the next six years are projected to be as follows: Year Sales in Units 18,000 23,000 25,000 27,000 4-6 c. Production and sales of the device would require working capital of $62,000 to finance accounts dThe devices would sell for S30 each; variable costs for production, administration, and sales would be e. Fixed costs for salaries, maintenance, property taxes, insurance, and straight-line depreciation on the f. To gain rapid entry into the market, the company would have to advertise heavily. The advertising receivable, inventories, and day-to-day cash needs. This working capital would be released at the end of the project's life. S15 per unit. equipment would total $144,000 per year. (Depreciation is based on cost less salvage value.) program would be: Amount of Yearly Year 1-2 S 91,000 S 71,000 S 61,000 4-6 g. The company's required rate of return is 18%. Click here to view Exhibit 138-1 and Exhibit 13B-2, to determine the appropriate discount facton s) using tables