?(New project analysis?) The Chung Chemical Corporation is considering the purchase of a chemical analysis machine. Although the machine being considered will result in an increase in earnings before interest and taxes of ?$32,000 per? year, it has a purchase price of ?$100,000?, and it would cost an additional ?$8,000 to properly install the machine. In? addition, to properly operate the? machine, inventory must be increased by ?$6,000. This machine has an expected life of 10 ?years, after which it will have no salvage value.? Also, assume simplified? straight-line depreciation and that this machine is being depreciated down to? zero, a 35 percent marginal tax? rate, and a required rate of return of 11 percent. a. What is the initial outlay associated with this? project? b. What are the annual? after-tax cash flows associated with this project for years 1 through? 9? c. What is the terminal cash flow in year 10? (what is the annual? after-tax cash flow in year 10 plus any additional cash flows associated with the termination of the? project)? d. Should this machine be? purchased?