#14 + Suppose that Calloway golf would like to capitalize on Phil Michelson winning the Open Championship in 2013 by releasing a new putter. The new product will require new equipment for $409,776.00 that will be depreciated using the 5-year MACRS schedule. The project will run for 2 years with the following forecasted numbers: unanswered not_submitted Year 1 Year 2 Attempts Remaining: Infinity Putter price $61.32 $61.32 Units sold 19,157.00 10,273.00 COGS 41.00% of sales 41.00% of sales Selling and Administrative 19.00% of sales 19.00% of sales Calloway has a 13.00% cost of capital and a 40.00% tax rate. The firm expects to sell the equipment after 2 years for a NSV of $135,965.00. What is the project cash flow for year 1? Submit Answer format: Currency: Round to: 2 decimal places. #15 Suppose that Calloway golf would like to capitalize on Phil Michelson winning the Open Championship in 2013 by releasing a new putter. The new product will require new equipment for $411,676.00 that will be depreciated using the 5-year MACRS schedule. The project will run for 2 years with the following forecasted numbers: unanswered not_submitted Year 1 Year 2 Attempts Remaining: Infinity Putter price $64.14 $64.14 Units sold 18,638.00 10,116.00 COGS 41.00% of sales 41.00% of sales Selling and Administrative 18.00% of sales 18.00% of sales Calloway has a 14.00% cost of capital and a 40.00% tax rate. The firm expects to sell the equipment after 2 years for a NSV of $167,145.00. What is the project cash flow for year 2? (include the terminal cash flow here) Submit Answer format: Currency: Round to: 2 decimal places