Question number three:

2. Marie's Fashions is considering a project that will cost $87,000 and require $28,000 in Net Working Capital. The project is expected to produce annual sales of $75,000 with associated costs of S57,000. The project has a 5-year life. The annual depreciation charge will be $17,400. The tax rate is 30 percent. What is the operating cash flow for this project? De A. -$1,520 B. -$580 C. $420 D. $15,680 E. $17,820 -ann nal cases : 3. Assuming no recovery of Net Working Capital at the end of the project, and using a required rate of return of 12%, what is the above project's NPV, IRR, and should the project be accepted