1.200.05 51.224.05 QUESTION 29 A company is trying to estimate the cash flows associated with a proposed project. The project will require an initial investment of $200.000 in new equipment. Additionally, the project will require 515,000 in new networking capital at initiation of the project (it will be recovered upon the project's completion). The new equipment will be depreciated using immediate expensing (100% bonus depreciation), This new project is expected to generate $150.000 of revenue per year and $70,000 of operating costs per year. After two years, the company will sell the equipment used for an estimated $40,000. The company's marginal tax rate is 25% Calculate the capital budgeting entries below. (round final answer to the nearest dollar - 51234 should be entered as 12). Use a negative sien directly in front of the number to indicate a negative value. Year o Year O FC: $ Year Year 1 FCPS Year 2 After-tax salvage value 5 Year 2 FCES