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(Calculating project cash flows and? NPV)??The Chung ChemicalCorporation is considering the purchase of a chemical analysismachine. Although the machine being considered will result in anincrease in earnings before interest and taxes of$ 34 comma 000$34,000per? year, it has a purchase price of?$85 comma 00085,000?,and it would cost an additional?$8 comma 0008,000after tax to correctly install this machine. In? addition, toproperly operate this? machine, inventory must be increased by?$3 comma 5003,500.This machine has an expected life of1010?years, after which it will have no salvage value. ? Also,assume simplified? straight-line depreciation, that this machine isbeing depreciated down to? zero, a3636percent marginal tax? rate, and a required rate of return of99percent.a.??What is the initial outlay associated with this?project?b.??What are the annual? after-tax cash flows associated withthis project for years 1 through99??c.??What is the terminal cash flow in year1010?(that is, the annual? after-tax cash flow in year1010plus any additional cash flows associated with termination ofthe? project)?d.??Should this machine be? purchased?a.??The initial cash outlay associated with this project is?$nothing.? (Round to the nearest? dollar.)