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Delta Software is considering a new project that will last for 3 years and whose data shown below. The company would purchase equipment at $300,000 plus $20,000 for installation costs. The equipment is classified in the 3-year class and will be depreciated under MACRS (The percentages are 33.33%, 44.45%, 14.81%, and 7.41%, respectively). The company believes that at the end of the 3^rd year, the equipment can be sold for $30,000. Net working capital will increase immediately by $50,000 and be recovered at the end of the project. Annual cash flow: a) What is the project's initial investment (CF0)? b) What is the depreciation expense for each year during the life of the project? a. Year 1: ________ Year 2: ________ Year 3: ________