2) Universal Resorts is planning to expand. This will require the acquisition of new equipment. The equipment will cost $200,000, including delivery and installation. It will be depreciated straight-line to a zero value over the 5-year economic life of the project. Interest costs associated with financing the equipment purchase are estimated to be $15,000 annually. The expected salvage value of this new equipment at the end of 5 years is $25,000 Additional net working capital of $30,000 will be needed immediately. When the project is terminated in 5 years, there no longer will be a need for this incremental working capital. If new equipment is acquired, existing equipment salvage value before taxes is $10,000. The existing equipment has been completely depreciated. Universal expects the expansion to increase sales by $100,000 annually. Cash operating costs are expected to increase by $40,000 annually (not including depreciation or interest expense). The marginal tax rate is 40%. Part A) Compute the Net Investment Part B) Compute the net cash flow for the first year. Part C) Compute the cash flow for the last year (year 5), including all terminal cash flows