Problem 14 Intro Your company is considering producing a virtual reality headset, for which you've collected the following sales projections (in $ million). Operating expenses are expected to add up to 70% of sales. A B C D E 1 Year0 1 3 2 2 Sales0 170 204 224.4 The project requires a new machine that costs $150 million to purchase and install. After year 3, production will end and the new machine will be scrapped without cost or resale value. The equipment can be depreciated straight to zero over 3 years. The machine requires an immediate increase in net working capital of $24 million which can be recouped at the end of year 3. Your company has a weighted average cost of capital of 10% and a marginal tax rate of 18%. Part 1 Attempt 1/10 for 10 pts. Open a spreadsheet with a blank tab and name it 'CF', for cash flows. Duplicate the table above and extend it to find the operating cash flow for each year. What is the operating cash flow for year 3 (in $ million)? 0+ decimals Submit Part 2 | Attempt 1/10 for 10 pts. Extend the spreadsheet to find the cash flow for each year. What is the CF in year 3 (in $ million)? 0+ decimals Submit Attempt 1/10 for 10 pts. Part 3 What is the NPV of the project (in $ million)? 1+ decimals Submit