1. The projected costs for a new plant are given below (in $millions) Land cost = $5 Fixed capital investment= $100 ($60 at end of Y1 and $40 at end of Y2) Working capital = $30 Start up at end of Y2 Revenue from sales=$35 Cost of manufacturing (without depreciation) =$13 Tax rate=35% Depreciation method = MACRS Over 5 years Project life: 10 years after startup a) Draw a cumulative, non-discounted, after tax cash flow diagram. b) Calculate the following non-discounted profitability criteria: i) cumulative cash position and cumulative cash ratio ii) payback period iii) rate of return on investment c) Draw a cumulative, discounted, after tax cash flow diagram. d) Calculate the following non-discounted profitability criteria: i) net present value and net present value ratio ii) discounted payback period iii) discounted cash flow rate of return (DCFROR)