You are developing a new machine to cut lawns on ranches. The capital outlay for the project is $250,000 and the salvage value at the end of five years is $100,000. Each year, you will net $65,000 in profit from sales of the machine to local farms. You make the decision to finance $150,000 to reduce your risk- the loan will be held at 4.5% interest and will be paid with even yearly payments. The machine will depreciate following the 7-year MACRS. The income tax rate is 21% and your company has set a Minimum Attractive Rate of Return (MARR) of 20%. Develop the project's cash flow and income statements over its lifetime of five years Is the project justifiable at a MARR of 20%? What is the internal rate of return for the project