can someone please explain and clearly lay out this question

Revenues generated by a new fad product are forecast as follows: Year Revenues 1 $60, 000 2 40, 000 3 30. 000 4 20, 000 Thereafter 0 , Skipped Expenses are expected to be 40% of revenues, and working capital required in each year is expected to be 30% of revenues in the following year. The product requires an immediate investment of $70,000 in plant and equipment. a Required: eBook a. What is the initial investment in the product? Remember working capital. b. Ifthe plant and equipment are depreciated over 4 years to a salvage value of zero using straightline depreciation, and the rm's tax rate is 20%, what are the project cash ows in each year? Assume the plant and equipment are worthless at the end of 4 years. a c. If the opportunity cost of capital is 10%, what is the project's NPV? d. What is project IRR? Complete this question by entering your answers in the tabs below. Req A Req B Req C and D What is the initial investment in the product? Remember working capital. Initial investment _