Question #19 - #20 will use the following setup. Cyclone Industrial is considering a project with an initial cost of $3.5mili ion to purchase a piece of equipment, which will be depreciated straight-line to a book value of $0 over its 5 -year lite. - The new equipment will reduce the operating costs by $850.000 per year (This is a pre-tax figure.) - There is an initial investment in the net working capital (NWC) of $450.000 which will be maintained at this level until the NWC is recovered in the end. - The marginal tax rate is 35%. What are the operating cash flows (OCF) over the lifetime of the equipment? $552.500 per year trom year 1 to year 5 $797.500 per year from year 1 to year 5 $1.252.500 per vear from vear 1 to year 5 $762.500 per year from year 1 to year 5 Question 21 1 pts 20. Following #19 - By including all the components, what are the incremental free cash flows (FCFs) over the lifetime of the equipment? $3500000$797.500 per vear _ $1.252.500 $3.500000 - $552500 per vear _ $1.602.500 $3,950,000$762.500 per vear $1,212.500 $3,950,000 - $797,500 per vear $1,247,500