PLEASE SHOW ALL WORK AND FORMULAS

2 3 Question #1From the Data below Caloulate the Free cash Flow Per Year due to the Project 100 points 5 Cost of New Equipment Equipment 6 Other Set up Costs $5,000,000.00 $650,000.00 7 Units Sold Year Units 1 9 10 11 12 35,000 55,000 75,000 80,000 95,000 16 Sales Price Year 18 19 20 Sales Price $135.00 $135.00 $140.00 $140.00 $140.00 5 24 Variale Cost Per Unit Year Variable costs Per Unit $55.00 $55.00 $55.00 $55.00 $55.00 27 28 29 30 31 Annual Fixed Costs $3,500,000.00 $200,000.00 33 Working capital Initial No needs years 1-5 34 35 36 37 Depreciation 38 39 Tax Rate 40 Straight Line 25% 41