dy Dozzer Corporation is developing a new CPu chip based on a new type of technology, Intel has forecasted the demand and the cost to develop and produce the new chi p. The following table contains the relevant information for this project. Development Cost Estimate Development Time Pilot Testing Ramp-up Cost Marketing and Support Cost Sales and Production Volume Unit Production Cost Unit Price $750,000 9 months $200,000 $400,000 $150,000 per year 60,000 per year $100 $200 12% Interest Rate Per Kiddy also has provided the project plan shown below. As can be seen in the project plan, the company thinks that the product life will be three years until a new product must be created. YEAR 2 YEAR 3 PROJECT SCHEDULE Kiddy Dozzer Development pilot Testing Ramp-up Marketing and Support Production and Sales YEAR 1 01020304 ai Q2 Q3 Q4 Ql Q2 Q3 Q4 QQ2Q3Q4 YEAR 4 1) What are the quarterly cash flows? (Consider costs are negatives and profits a positive 2) Show the net cash flow in each quarter. 3) Calculate the net present value (NPV)