Incorrect for the work you have completed so far. It does not indicate completion. Return to question Problem 12-6 Project Cash Flows (LG12-3) KADS, Inc. has spent $480,000 on research to develop a new computer game. The firm is planning to spend $280,000 on a machine to produce the new game. Shipping and installation costs of the machine will be capitalized and depreciated; they total $58,000 The machine has an expected life of three years, a $83,000 estimated resale value, and falls under the MACRS 7.year class life. Revenue from the new game is expected to be $680.000 per year, with costs of $330,000 per year. The firm has a tax rate of 40 percent, an opportunity cost of capital of 13 percent, and it expects net working capital to increase by $140,000 at the beginning of the project What will the cash flows for this project be? (Negative amounts should be indicated by a minus sign. Round your answers to 2 decimal places.) Answer is complete but not entirely correct. Year FCF 0 1 S (478,000.00) S 286,643.04 2 $293.883 00 $ 525,523.96