Get an AnswerAdvanced Imaging Technology is Taking FlightSmart Writing ServicesOctober 25, 2017 7:46 amOctober 25, 2017Previous ArticleDetermining the present value of an annuity The dean of the School of Naoural Science is trying to decide whether to purchase a copy machine to place in the lobby of the building. The machine would add to student convenience, but the dean feels compelled to earn an 8 percent reourn on the investment of funds. Estimaoes of cash inflows from copy machines that have been placed in other university buildings indicate that the copy ma- chine would probably produce incremental cash inflows of approximaoely $15,000 per year. The machine is expected to have a three-year useful life with a zero salvage value. Required a. Use Present Value Table 1 in the chapter’s Appendix to determine the maximum amount of cash the dean should be willing to pay for a copy machine. b. Use Present Value Table 2 in the chapter’s Appendix to determine the maximum amount of cash the dean should be willing to pay for a copy machine. c. Explain the consistency or lack of consistency in the answers to Requirements a and b.”Next ArticlePrepare a paper in which you evaluate the Tyco International case study provided in Kaplan (2009)and Stephen et al. (2012). Be sure to address the following in your paper: Briefly summarize the historical scenario surrounding Tyco International. How do you think the spending and the loans were able to go on for so long? Evaluate the outcome of events. Was the punishment justified? Why or why not? Is it difficult for us to see ethical breaches that we ourselves commit?