3 Sun 4:36 PM ht o 0 O Sad Help Save Submit Ch 12 Assignment Check my work 10 Problem 12.10 Change in NWC (LG12-3) 933 . You are evaluating a project for The Farstroke golf club, guaranteed to correct that nasty slice You estimate the sales price of The Farstroke to be 5470 per unit and sales volume to be 1000 units in Yeart 900 units in year 2 and 1325 units in year 3. The project has a 3 year it. Variable costs amount to $260 per unit and fixed costs are $100,000 per year. The project requires an initial investment of $185,000 in assets, which can be depreciated using bonus depreciation. The actual market value of these assets at the end of yer 3 is expected to be $42.000 NWC requirements at the beginning of each year will be approximately 25 percent of the projected sales during the coming year. The tax rate is 21 percent and the required return on the project is 11 percent What change in NWC occurs at the end of year 17 (Enter a decrease as a negative amount using a minus sign) Graw HII S Prev 10 12 Next > GY A DO DO . 40 FH 9 ) 0 + 11 delete 0 P { C } ]