Will Stately, a manager of the Plate Division for the Ore City Manufacturing company, has the opportunity to expand the division by investing in additional machinery costing $420,000. He would depreciate the equipment using the straight-line method and expects it to have no residual value. It has a useful life of 7 years. The rm mandates a required aftertax rate of return of 14% on investments. Will estimates annual net cash inows for this investment of $125,000 before taxes and an investment in working capital of $2,500 that will be returned at the project's end. Ore City's tax rate is 35%. Present Value of $1 table Present Value of Annuity of $1 table Future Value of $1 table Future Value of Annuityo_f$1 table Read the muirements. Requirement 1. Calculate the E present value of this investment. (Use factors to three decimal places, X.XXX, and round all currency calculations to the nearest whole dollar. Use a minus sign or parentheses for a negative net present value.) ' The net present value of this investment is: $ 15.943 Requirement 2. Calculate the accrual accounting rate of return (AARR) based on net initial investment. (Round interim calculations to the nearest whole dollar. Round the rate to two decimal places, X.XX%.) The AARR is I:| %. Requirements 1. Calculate the net present value of this investment. 2. Calculate the accrual accounting rate of return on initial investment for this project. 3. Should Will accept the project? Will Will accept the project if his bonus depends on achieving an accrual accounting rate of return of 14%? How can this conict be resolved