Problem 12-13 Project Cosh Flows (LG12-3) You are evaluating a project for The Uitimate recreationai tennis racket, guaranteed to correct that wimpy backhand. You estimate the sales pice of The Uitimate to be $320 per unit and sales volume to be 1,000 units in year 1,1,250 units in year 2, and 1,325 units in year 3. The project has a 3-year life. Varlable costs amount to $185 per unit and fixed costs are $100,000 per year. The project requires an intial investment of $141,000 in assets, which can be depreciated using bonus depreciation. The actual marker value of these assets at the end of year 3 is expected to be $27,000 NWC requirements at the beginning of each year will be opproximately 20 percent of the projected sales dunng the coming year. The tax rate is 21 percent and the required return on the project is 10 percent iUse sl deprectation table What will the cash fiows for this project be? Note: Negotive amounts should be indicated by a minus sign. Round your answers to 2 decimal places