PLEASE EXPLAIN USING BA 11 CALCULATOR EACH STEP

Your company has decided to produce a new line of electronics. You estimate that revenue from sales of this new product will equal $45,750,000. The plant and equipment (new fixed assets) needed to manufacture this product costs $26,800,000 and will be depreciated on a straight-line basis to $0 over the six year project. Additional manufacturing costs to produce the electronics would total $18,550,000 each year. The tax rate is 10%.

Sketch a simplified income statement to answer questions 1 - 4.

What is the firms depreciation each year of this project?

Group of answer choices $3,091,666.67 $4,466,666.67 $8,000,000.00 $7,558,333.33 Flag question:

Question 2 Question 21 pts What is the firms EBIT each year of this project?

Group of answer choices $22,733,333.33 $31,666,666.67 $27,200,000.00 45,750,000.00 Flag question:

Question 3 Question 31 pts How much more in taxes would the company pay?

Group of answer choices $4,575,000.00 $2,720,000.00 $2,273,333.33 $3,166,666.66 Flag question:

Question 4 Question 41 pts What is the firms operating cash flow for each year? Group of answer choices $22,733,333.33 $28,946,666.67 $24,926,666.67 $31,666,666.67