29. The DEF Company is considering an investment in a new product. The information for one year is as shown in Table 3.19. Table 3.19 New product information (1) Sales Manufacturing costs of sales (includes $20,000 of depreciation) Selling and administrative expenses (directly associated with the product) Equipment purchases Decrease in contribution of other products Increase in accounts receivable Increase in inventories Increase in current liabilities Income taxes associated with product income Interest on bonds expected to be used in financing $200,000 80,000 40,000 10,000 5,000 15,000 20,000 30,000 12,000 18,000 Compute the cash flow that can be used in the present value computations of this investment.