You are considering a new project that requires $300,000 investment in a machine, including installation and...

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You are considering a new project that requires $300,000investment in a machine, including installation and shipping cost.The life of the machine is three years, and it depreciates via3-year MACRS methods (33.33%, 44.45%, 14.81%, and 7.41%). If youoperate this project, the annual sales of the firm increases by$250,000 a year, and the annual operating expense increased by$100,000. The firm has a marginal tax rate of 34%. In order tostart the project, the firm has to invest $30,000 in workingcapital, which will be fully recaptured at the end of the project..The expected market value of the machine is $50,000 in three yearswhen the project is terminated. What is the terminal cash flow ofthis project? Round to the nearest penny. Do not include a dollarsign in your answer.

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You are considering a new project that requires $300,000investment in a machine, including installation and shipping cost.The life of the machine is three years, and it depreciates via3-year MACRS methods (33.33%, 44.45%, 14.81%, and 7.41%). If youoperate this project, the annual sales of the firm increases by$250,000 a year, and the annual operating expense increased by$100,000. The firm has a marginal tax rate of 34%. In order tostart the project, the firm has to invest $30,000 in workingcapital, which will be fully recaptured at the end of the project..The expected market value of the machine is $50,000 in three yearswhen the project is terminated. What is the terminal cash flow ofthis project? Round to the nearest penny. Do not include a dollarsign in your answer.