3. Capital Budgeting. (10 points) Vandalay Industries is considering a new capital budgeting project that will last for three years. Based on extensive research, it has prepared the following information. The project is expected to produce $200,000 in new sales for the 3 operating years. Cost of Goods sold is 50% of revenues. The project entails the purchase of a capital asset for $80,000 that will cost $10,000 to be shipped and installed. The asset will be depreciated using a straight line 4-year schedule. The firm's marginal tax rate is 40%. The project requires no change in NWC The asset will be sold for $70,000 in the fourth year. Calculate the cashflow from one of the operating years of the project