2 30 5 60 70 10 11 12 13 14 15 16 17 18 19 27 20 28 29 21 22 23 30 24 25 26 Moving to another question will save this response. >> Question 18 10 points Save Answer Gibson Guitars is considering expanding one of its production facilities to build a new line of guitars honoring legendary guitarist Les Paul. The project would require a $6,000,000 capital investment and will be depreciated (straight line to zero) over its 3 year life. Sales are expected to be $8,000,000 annually for the 3 year period with costs (excluding depreciation) at 30% of sales. The company would also have to commit initial working capital to the project of $1,000,000. The company has a 35% tax rate. The project cash flow (Free Cash Flow) for Year Ois: a.-39.000.000 6.-57.000.000 O G-51,000,000 O d. 56,000,000 Moving to another question will save this response Question 18 of 30 D C 831 PM 7/2/2010