Philips expects to invest $$30,000,000$in new$/$plant equipment. The contract will last for $10$years$,$ at which point it expects its plant equipment to have a

salvage value of $$8,000,000.$They plan to finance this project using $75\%$debt and $25\%$equity$.$ Their investment banker advises there are transaction costs

of $2\mathrm{.}5\%$on debt and $10\mathrm{.}5\%$on equity. Phillips expects to increase its accounts receivable by $$9,000,000,$its inventory by $$1,000,000,$and its accounts

payable by $$6,000,000.$It expects to sell $42,000$units at a price of $$310/$unit$,$with variable cost per unit of $$195.$It expects additional operating costs each

year of $$900,000.$Phillips tax rate is $21\%$

What is expected Cash flow Year $1-9?($round to nearest $$100,000)$

What is the expected Cash Flow of Year $10?($round to nearest $$100,000)$

What is the project's Net Present Value?

What is the project's Internal Rate of Return?

What is Phillips Accounting Break $-$even unit sales level?

What is Phillips Cash Break $-$even unit sales level?