A cоmpаny hаs а minimum required rate оf return оf 10%. The company is considering investing in a factory machine, which costs $150,000 and has an expected life of 5 years.The machine has a zero salvage value and will be depreciated using the straight-line depreciation method. It expects to generate an extra $37,500 of annual cash flows each of the next 5 years because of this new factory machine. How much extra net income will the company earn each of the 5 years?Show the numbers you use to calculate your answer.