:Xfx CBA Sports Inc. is considering testing a $18,000 vending machine at one of its facilities. The manager assigned to study the feasabi A EX12-1: Evaluating projects with NPV \& IRR CBA Sports Inc. is considering testing a $18,000 vending machine at one of its facilties. The manager assigned to study the feasibility of this investment estimates that the operating cash flow will be $3,750 per year. The project is for 6 years and the equipment is expectd to have a after-tax salvage value of $2,000 at the end of 6 years when the project is concluded. 1. Prepare a cash flow table like the one in PPT page 19. Initial CF Op. CF 1 Terminal CF 2 Total CF 3 4. What is the IRR of this project? If the discount rate is 10%, should the company go ahead with the project based on IRR? Why? 3. If the discount rate is 9%, what is the NPV of the project? Should the company go ahead with the project based on NPV? Why