2. Cash Flow Analysis Estimate the after-tax incremental cash flows from the proposed investment to the Woolworths over the next 15 years. For this purpose, you need to construct depreciation schedule, project revenue, operating costs etc over the next 15 years. (Hint: get project revenues -> EBIT -> after tax EBIT -> after tax cash flow to the firm). . If the project is terminated at the end of the 15th year, and both working capital and investment in other assets can be sold for book value at the end of that year, estimate the net present value of this project to the Woolworths. Develop a net present value profile and estimate the internal rate of return for this project