4 Part Question! Please answer all 4 parts, AND round to 2 decimal places where necessary to get like!

1.a) A company will sell Gizmos to consumers at a price of $102 per unit. The variable cost to produce Gizmos is $32 per unit. The company expects to sell 20,000 Gizmos to consumers each year. The fixed costs incurred each year will be $140,000. There is an initial investment to produce the goods of $3,400,000 which will be depreciated straight line over the 8 year life of the investment to a salvage value of $0. The opportunity cost of capital is 14% and the tax rate is 37%. What is the operating cash flow each year?

b) Using the operating cash flow found above, what is the net present value of this investment?

c) A project has revenues of $89,000, expenses of $46,000, and depreciation of $10,000. The corporate tax rate is 37%. What is the operating cash flow?

d) A project requires an increase in net working capital of $415,000 at time 0 that will be recovered at the end of its 20 year life. If opportunity cost of capital is 11%, what is the effect on the NPV of the project? Enter your answer rounded to two decimal places.