Your manufacturing location is considering whether to invest in a new machine. The machine will cost $40,000 up front. The predicted profit from this machine per year will vary with production. You have estimated the machine to reduce the cost per piece processed by $1.25 per piece. Your production volumes are predicted to be 10,000 for year one, 12,000 for year 2, 14,000 for year 3, 15,000 for year 4 and 12,000 for year 5. Maintenance must be subtracted from your savings. Maintenance for years 1 through 3 will be $2,000 but year 4 will be $3,000 and year 5 will be $4,000. No production will be done in year 6, and the machine will be sold for $4,000. Your company is a very profitable company and forces a hurdle rate of 20%. What is the predicted profit at the end of year one? (Give no decimals) What is the predicted profit at the end of year five? (Give no decimals) What is the net present value at the 20% hurdle rate?. (Give two decimals.) Does this project pass the hurdle rate barried? (yes or no) If the scrap value in year 6 would have been $3,000 rather than $4,000 would this project pass the hurdle rate? (yes or no)