Select all that apply A project has a 3-year life and annual sales projections of $120,000, $160,000 and $190,000 for years 1 to 3, respectively. The project requires net working capital (NWC) equal to 5 percent of the next year's sales. How is this requirement handled in project analysis? Select all that apply. Multiple select question. A cash inflow of (0.05 $190,000) occurs in year 3. A cash outflow of [0.05 ($190,000 - $160,000)] in year 3. A cash outflow of [0.05 ($160,000 - $120,000)] is recorded in year 1. A cash outflow of (0.05 $120,000) is recorded at time zero