Vandalay Industries is considering the purchase of a new machine for the production of latex. Machine A costs $2,170,000 and will last for 4 years. Variable costs are 34 percent of sales, and fixed costs are $171,000 per year. Machine B costs $4,350,000 and will last for 6 years. Variable costs for this machine are 32 percent of sales and fixed costs are $95,000 per year. The sales for each machine will be $8.7 million per year. The required return is 10 percent and the tax rate is 21 percent. Both machines will be depreciated on a straight-line basis. If the company plans to replace the machine when it wears out on a perpetual basis, what is the EAC for machine A? If the company plans to replace the machine when it wears out on a perpetual basis, what is the EAC for machine B? Quad Enterprises is considering a new 3-year expansion project that requires an initial fixed asset investment of $3.51 million. The fixed asset will be depreciated straight-line to zero over its 3-year tax life, after which time it will have a market value of $273,000. The project requires an initial investment in net working capital of $390,000. The project is estimated to generate $3,120,000 in annual sales, with costs of $1,248,000. The tax rate is 21 percent and the required return on the project is 14 percent. What is the project's Year O net cash flow? $ -3,900,000 What is the project's Year 1 net cash flow? What is the project's Year 2 net cash flow? What is the project's Year 3 net cash flow? What is the NPV