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8. Calculate the annual free cash flows for this project based on: $560,000 Initial Outlay 32% tax rate 4 year straight line depreciation $60,000 annual

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8. Calculate the annual free cash flows for this project based on: $560,000 Initial Outlay 32% tax rate 4 year straight line depreciation $60,000 annual fixed cost $290,000 projected revenue $20,000 annual variable cost a. What is the EBITDA (3 points)? b. What is the EBIT (2 points)? c. What is the Net Income (2 points)? d. What is the Annual Free Cash Flow (3 points)

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