You are considering a 4 year project that requires upfront investment in a piece of production machinery to serve increased market demand for protective gear. The initial equipment investment is $5200 and it is depreciated straight line to 20% of its initial cost by the end of the project in year 4 Product revenues from the sale of the gear are forecasted below, and project operating costs should be 60% of sales. Yeer 1 3 Project Sales (5) 5500 6500 8000 10000 The project will also require 5500 in net working capital investment to start, and a further $200 in net working capital investment will take place in year 1. The projects networking capital will be reduced to zero at the end of the project. In four years, the equipment will be sold at the salvage value which is 20 of its initial cost. The relevant tax rate is 30%, and the required return is Use the above information to answer the following questions. a) What is the project cash OUTFLOW at time zero. Include all contribution, DO NOT enter your answer with a negative sign b) What is the forecasted operating cash flow (OCF) in year 22 What is the forecasted Total Project Cash Flow in year 42 d) Using the relevant discount rate given above what is your estimate for the NPV of the project Enter your answer to two decimal places, without a sign and do not use a comma -) Should the project be accepted? (Enter Yes or No) ENG 9:45 AM 2021-04-19