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Each of the following scenarios is independent. Assume that all cash flows are after$-$tax cash flows.a$.$ Campbell Manufacturing is considering the purchase of a new welding system. The cash benefits will be$480,000$ per year. Thesystem costs $$3,350,000$ and will last $10$ years.$*$ Evee Cardenas is interested in investing in a women's specialty shop. The cost of the investm ent is $$330,000.$ She estimates that the return from owning her own shop will be $$55,000$ per year. She estimates that the shop will have a useful life or o years.$*$ Barker Company calculated the NPV of a project and found it to be $$63,900.$ The project's life was estimated to be $8$ years. The required rate of return used for the NPV calculation was $10\%.$ The project was expected to produce annual after$-$tax cash flows of $$135,000.$Required:$1.$ Compute the NPV for Campbell Manufacturing, assuming a discount rate of $12\%.$ If required, round all present value calculations to the nearest dollar. Use the minus sign to indicate a negative NPV$.$Should the company buy the new welding system?$2.$ Conceptual Connection: Assuming a required rate of return of $8\%,$ calculate the NPV for Evee Cardenas' investment. Round to the nearest dollar. If required, round all present value calculations to the nearest dollar. Use the minus sign to indicate a negative NPV$\mathrm{.}3.$ What was the required investment for Barker Company's project? Round to the nearest dollar. If required, round all present value calculations to the nearest dollar.

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