Assignment Question Q2 The classic capital budgeting analysis for the new project line (page 4 of the Flash Memory case) Is shown below. Read the 4 paragraphs under the Investment Opportunity subhead carefully. Most of the analysis is already completed. This assignment question requires you to examine the numbers and explain where they come from. and to enter the missing information in rows 29-33. CFW Chapter 5 explains the process, using the Generic Capital Budgeting Template. The Flash Memory template below is much shorter but contains the same information. base year awww.forecast years.......museum ($0005) 2010 2011 2012 2013 20 Investment in equipment -$2,200 Net working capital required (total from balance sheet each year) $5,648 $7,322 $7.322 $2,877 $1,3 Investment in net working capital $5.648 -$1,674 $0 $4,446 $1 5 Sales $21,600 $28,000 $28,000 $11 0 Cost of goods sold (includes depreciation) $17,064 $22,120 $22,120 $8.6 Research & development $0 $0 Selling, general & administrative $1,806 $2,341 $2,341 $9. Launch promotion $300 $0 Income before income taxes $2,430 $3,537 $3,539 $1,3 Income taxes $972 $1,416 $1,416 $5 Net income $1,458 $2,124 $2,124 $8 Depreciation $440 $440 $440 $4 Cash flow from operations $1,898 $2,564 $2.564 $1,2 Total cash flow -$7.848 $225 $2,564 $7,009 $2.8 Cumulative total cash flow -$7.848 -$7,624 -$5,060 $1,949 $4.7 k-wacc Enter It from previous tab NET PRESENT VALUE (NPV) PROFITABILITY INDEX (PI) INTERNAL RATE OF RETURN (IRR) PAYBACK PERIOD (PP) By inspection