A manufacturing company is considering acquiring a new injection-molding machine at a cost of $120,000. Because of the rapid change in product mix, the need for this particular machine is expected to last only eight years, after which time the machine is expected to have a salvage value of $10,000. The annual operating cost is estimated to be $11,000. The addition of the machine to the current production facility is expected to generate annual revenue of $48,000. The firm has only $70,000 available from its equity funds, so it must borrow the additional $50,000 required at an interest rate of 10% per year with repayment of principal and interest in eight equally annual amounts. The applicable marginal income tax rate for the firm is 40%. Use a cost of capital of 4.2% for this project. Use MACRS for deprecation. Determine the NPW and AEW for this project. Use the template provided as a starting point for your income/cash flow statement.