TABLE 4 You are considering a new product launch: Equipment for the project will cost $875,000 The project will have a four-year life, and have no salvage value. Depreciation is straight-line to zero over the four years. The required return on the project is 11%, and the tax rate is 35%. Projected annual sales and cost figures are shown below (sales and costs are estimated to be identical for each year 1-4)Equipment cost $875,000 Project length (years) 4 Required return 11% Tax rate 35% Annual Sales $3,948,000 Annual Variable costs $2,869,000 Annual Fixed costs $345,000. Calculate Annual Depreciation, Annual EBIT, Annual Taxes, Annual OCF, Cash flows YEAR 0 1 2 3 4, and PROJECT NPV.