Matheson electronics has just developed a new electronic device that it believes will have broad market appeal. the company has performed marketing and cost studies that revealed the following information: a. new equipment would have to be acquired to produce the device. the equipment would cost $228,000 and have a six-year useful life. after six years, it would have a salvage value of about $24,000.b. sales in units over the next six years are projected to be as follows: year sales in units1 14,0002 19,0003 21,0004–6 23,000c. production and sales of the device would require working capital of $55,000 to finance accounts receivable, inventories, and day-to-day cash needs. this working capital would be released at the end of the project’s life. d. the devices would sell for $30 each; variable costs for production, administration, and sales would be $15 per unit. e. fixed costs for salaries, maintenance, property taxes, insurance, and straight-line depreciation on the equipment would total $179,000 per year. (depreciation is based on cost less salvage value.)f. to gain rapid entry into the market, the company would have to advertise heavily. the advertising costs would be: year amount of yearlyadvertising1–2 $ 78,000 3 $ 64,000 4–6 $ 54,000 g. the company’s required rate of return is 15%.click here to view exhibit 13b-1 and exhibit 13b-2, to determine the appropriate discount factor(s) using tables. required: 1. compute the net cash inflow (incremental contribution margin minus incremental fixed expenses) anticipated from sale of the device for each year over the next six years.2-a. using the data computed in (1) above and other data provided in the problem, determine the net present value of the proposed investment.2-b. would you recommend that matheson accept the device as a new product?