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2) A firm is undertaking a project with the following details provided. - The project costs $1.8 million and has a five-year service life. - It generates revenues of $650,000-annually. - The project is classified under a 7-year property under the MACRS rule. - At the end of the fifth year, any assets held for the project will be sold. The expected salvage value will be 30% of the initial $1.8M project cost. - The firm will finance 30% of the project money from an outside source with an annual interest rate of 12%. The firm is required to repay the loan with five equal annual payments. - The firm's tax rate is 21% - MARR is 17%. - Given the information, Determine the end of year cash flows for years 0 through 5 Compute the Net Present Worth for this 5-year project Year 0 Year 1 Year 2 Year 3 Year 4 Year 5 NPW