2) (4 pts) A proposed new investment requires an upfront investment of $400,000 and will be straight line depreciated to zero over an S year economic Me. The proiect has projected sales of 00.000per year. Net income for the firat year assuming a tax rate of 22%, what is the Operating Cash Flow?or the first Project Net Income- OCF (4 pts) Consider an asset used in a project that costs $300,000 a over 5 years. The assumed salvage value after 5 years is so. a What is the book value of the asset after three years? 3) nd will be straight-ine depreciated to zero Book Value $ What would the After-Tax Salvage Value of the asset be if the asset is sold for $80,000 at the end of year 3, assuming the appropriate tax rate is 24%? b. After-Tax Salvage Value$ (3 pts) XYZ co is considering a major expansion of its business. The new expansion project will require that inventories increase by $40,000, accounts receivables will increase by $65,000 and accounts payable will increase by $22,000. What is the increase in Net Working Capital requirement that would be a part of the project analysis? 4) Increase in Net Working Capital (3 pts) The Edge Co. is considering the sale of a new razor (E Gold). The new razor (E Gold) is expected to sell for $8 and is projected to sell 50,000 units per year. The company currently sells 100,000 units of Edge Razor for $6. Ifthe E Gold is introduced, sales of the Edge razor are expected to drop to 88,000 per ) its year. What is the appropriate amount to use as the annual sales figure when evaluating the E-Gold expansion project? Annual Sales for E-Gold Project analysis_