QUESTION 11 Text Mom, Inc. is considering a new five-year expansion project that requires an initial fixed asset investment of 56,000,000. The fixed asset will be depreciated straight-line to zero over the project's life, after which time it will be worthless. No bonus depreciation will be taken. The project is estimated to generate $4,500,000 in annual sales, with costs of $2,500,000. The tax rate is 22 percent. What is the annual operating cash flow for this project? O A $1,760,000 OB. 51,824,000 OC $2,123,000 OD. 51,291,000 O E. $769,000 QUESTION 12 A project has an initial cash outflow of $60,000 and produces cash inflows of $16,775, 519,262, $20,517, and 523,702 for Years 1 through 4, respectively. What is the NPV at discount rate of 14 percent? OA - $1,667 OB. 51,441 OC.-$415 OD. -52,582 con