Please don't use excel.

The airline that you work for is considering flying a new route from Brisbane to Los Angeles. To do this the airline will need to buy a new aircraft that is capable of the longer distance. The plane will cost $50 million. Fuel and parking costs will be $5 million per year. In addition, you will have labour costs summing to $8 million annually. You estimate that the revenue per year will be $20 million. Your plane has a useful life of 10 years, will be depreciated to a value of $0 and will be sold for scrap for $1000000 after 10 years when you will cease flying the route. The cost of capital is 4%. The tax rate is 21%. A. Calculate the operating cash flows for the project. (10 Marks)