Question: please show all work 2. You are working on a bid to build Four city parks a year for the next three years. This project

please show all work
please show all work 2. You are working on a bid to

2. You are working on a bid to build Four city parks a year for the next three years. This project requires the purchase of $1,200,000 of equipment that will be depreciated using straight-line depreciation to a zero book value over the three-year project life. The equipment can be sold at the end of the project for $115,000. You will also need to invest $18,000 in net working capital for the duration of the project. The fixed costs will be $37.000 a year and the variable costs will be $148,000 per park. Your required rate of return is 14 percent and your tax rate is 21 percent. A. Please show your detailed work to solve the minimal amount you should bid per park. B. Assume you submit the minimum price at which you are willing to build the parks and your bid is accepted, complete the following. The NPV of the project is The IRR of the project is The P.I of the project is Your financial break-even point is to produce city parks

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