#4. (10pts) Bay Properties is considering starting a commercial real estate division. It has prepared the following four-year forecast of free cash flows for this division.Show your work Year O 900 Year 1 $25,000 Year 2 $22,000 Year $20,000 Year 4 $30,000 Free cash $300,000 flow Assume cash flow after year 4 will grow at 3% per year, forever. If the cost of capital for this division is 14%, what is continuation value in year 4 for cash flows after year 47(5pts) Calculate NPV of this project and what is the divison's decision on this project? (5pts)