X Assignment_FlNA.docx IQ [ / E Assignment The Directors of GMA Networks are considering a new marketing campaign. It requires an initial outlay of $1 25,000 but it is expected to bring additional sales over the next 4 years. The additional sales forecasted for year 1 are $ 65,000, with an additional expenses of $ 32,500 (including depreciation of $ 12,500). The estimated additional sales and expenses are expected to increase by 2% every year. Tax rate is 35% and depreciation is expected to be the same every year and the cost of capital is estimated to be 12%. Evaluate the project of GMA Networks using the ve methods of capital budgeting