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Pro Physical Therapy is considering purchasing a new machinethat will allow them to do preliminary MRIs for their patients.This project will require an initial outlay of $78,635. The machinewill have an expected life of 5 years and will generate additionalcash flows to the company as a whole of $21,500 at the end of eachyear over its 5 year life. In addition to the $21,500 cash flowfrom operations, during the 5th and final year there will beadditional cash flow of $13,200 at the end of the 5th yearassociated with the salvage value of the machine, making the cashflow in year 5 equal to $34,700. Given a required rate of return of12%, calculate the following: a) IRR (6pts) b) NPV (6pts) c) PI(6pts) d) Is the project acceptable and why? (2pts)