Question 10 Question 10 10 points 4. A firm is considering a capital expenditure project involving purchasing and installing new equipment. The equipment will be 315.000, with an ad 1.000 for delivery, and into is estimated to be $3,000. The equipment us an expected life of 5 years, and an estimated salvage value of 53.000. The project requires an additional working capital inverno 7.000. The project revenues are forecasted to be $20,000 per year and cash expenses are estimated at 55,000 per year. The firm has a marginal tax rate and in weighted average cost of capital (WACC). Calculate the annual net cash flows from this project