Kendra Corporation is involved in the business of injection (answer attached)

Kendra Corporation is involved in the business of injection molding of plastics. It is considering the purchase of a new computer-aided design and manufacturing machine for $455,000. The company believes that with this new machine it will improve productivity and increase quality, resulting in an increase in net annual cash flows of $107,552 for the next 6 years. Management requires a 14% rate of return on all new investments.