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Questions on setting up a Standard Mail class job with Machinable Parcel for a Nonprofit mail piece in MailStream Plus

The piece is under 1 pound so it is Standard Mail class.
The piece is a Machinable Parcel and it is Nonprofit.
How do you set this up in MailStream Plus ? 
P ATTR position  60 for Rate type use N for Nonprofit.

ML TYP  :
position 8 use 3 for Standard Class
position 10 use P for Parcel
position 12 use R for Regular

ALG BC position 26 use a Y for Attempt machinable qualification
Here is what the parameters will look like:

P ATTR 176 1 0         68.50 75.00 09.50 08.00             N     Y     Y
ML TYP 3 P R
ALG BC N                 Y
*---+----1----+----2----+----3----+----4----+----5----+----6----+----7----+----8

 

UPDATED:  April 6, 2017