solve 6 & 7 please

Question 6 (7 points) Listen What is the annual operating cash flow (OCF) for a 10-year project that has annual sales of $430,000, its variable costs are 70% of sales and has annual fixed costs of $140,000. The project requires new equipment at a cost of $40,000 and installation costs of $2,000 and a plant that costs $60,000. Depreciation is under the straight line method and the equipment has an estimated life of 10 years and the plant an estimated life of 30 years. The tax rate is 40% and the discounting rate is 10%. In your answer, use commas to separate thousands, do not use the dollar $ sign, and round to the nearest dollar. For example, if your answer is $34,456.729 then enter 34,457. If answer is a negative cash flow, enter the minus sign in front of the first number (do not enter a parenthesis to represent a negative number). For example, if your answer is -$2,511.00 then enter -2,511 Your Answer: Answer Question 7 (5 points) Listen (Estimated time allowance: 3 minutes) Your company is considering launching a new line of stoves. The manufacturing plant required for producing the new line of stoves costs $40,000,000 (today) and will be depreciated down to zero over 20 years using straight-line depreciation. The manufacturing plant will be sold for $6,000,000 at the end of 10 years (the life of the project is 10 years). Net working capital increases by $3,000,000 at the beginning of the project (year O) and it is reduced back to its original level in the final year of the project. The tax rate is 20 percent and the discounting rate for the project is 10%. What is the initial outlay (Cash flow today for this project? ** If this is a cash outflow, enter the negative sign in front of the first digit of your answer; if this is a cash inflow, do not enter a sign, simply enter the number. Do not use the S sien. Use commas to separate thousands. Round to two nearest dollar. For example Ir