Your company plans to produce a product for two more years andthen to shut down

Your company plans to produce a product for two more years andthen to shut down production. You are considering replacing an oldmachine used in production with a new machine. The Old machineoriginally cost $ 358 and was bought Three (3) years ago (i.e. ithas depreciated for three years). It could be sold today for $ 87or sold in two years for $ 21 . The New machine would cost $ 359and could be sold in two years for $ 175 . The new machine is moreefficient than the old machine and would reduce waste andtherefore the cost of materials by $ 17 per year. Due to the lowerwaste we could also have a one-time reduction in inventory of 22 .The firms tax rate is 36 %. Both machines are in the 4 year MACRSclass with depreciation amounts of 33% 45% 15% and 7%. What arethe Operating Cash Flows in the first year (Year 1) with the newmachine?