2. You have been presented with estimated after-tax operating income and working capital requirements on a two-year project. t = 1: 011 = $100, WC1 = $20, and t = 2: 012 = $150, WC2 = $30. The project requires an initial investment of Io = $200, that depreciates straight line to a salvage value of $100. You can also assume that you will be able to recoup your entire working capital at the end of year two. (a) Estimate the after-tax cash flows in t = 0,1,2. (b) Assume the project's cost of capital is r = 5%. What is the project's NPV