please answer it by filling out the "chart" attached

1. Projected Total Cash Flows Firm A is considering a project which will initially require $12,000 for new equipment. The equipment will be depreciated straight line to a zero book value over the three year life of project In addition, the project will require an investment of $30,000 in net working capital which will be recovered at the end of the project Annual sales are $45,000 with cost of $32,400. The tax rate is 34% What is the net present value of this project if the required return is 14%? . 1. Projected Total Cash Flows (hint) Given accounting items, tax rate, discount rate: 1. Estimate OCF 2. Estimate capital requirements: NWC and NCS 3. Estimate projected total cash flows 4. Find NPV or IRR of projected cash flows Year 0 1 OCF OCF Change in -NWC NWC 2 OCF 3 OCF + NWC NCS -Cost of fixed assets Total