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2 Dints A company that produces consumer electronics has come up with a way to produce ultra qulet coffee and spice grinding machines. Time to

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2 Dints A company that produces consumer electronics has come up with a way to produce ultra qulet coffee and spice grinding machines. Time to start selling those grinders and make some money! And so the company decided to start this new project which would run for 3 years. The company would need to Immediately Invest a substantial amount of money, $1.512 million, to buy specialized production equipment for making such grinders. The equipment's economic life is 3 years, and the equipment will be losing the same value until zero remaining value at the end of its economic life. When that happens the used production equipment will be sold, and its selling price is estimated at $117,600. It would also be necessary to Immediately Invest $168,000 into a cash reserve in order to meet any equipment maintenance and repair expenses that may unexpectedly arise. . With regards to annual profits, they will be based on the company's estimates of $1,344,000 in annual revenues from grider sales, and $537,600 in annual costs of manufacturing the grinders. The company faces 23 percent tax rate on its annual taxable income. The discount rate of 18 percent is appropriate for this coffee and spice grinding machines project. What is the project's total cash flow in "Year O"? What is the project's total cash flow in "Year 1"? What is the project's total cash flow in "Year 2"? What is the project's total cash flow in "Year 3"? Finally, based on all of the above calculations, what is the project's Net Present Value

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