A company is considering a project with forecasted annual sales of $$5,750,000,$ the cost of goods sold is $70\%,$ the selling, general, and administrative costs $($fixed costs$)$ are $$630,000.$ The initial investment for this project is $$6,000,000$ and the tax rate is $30\%.$ The initial investment will be depreciated using $5-$year MACRS. The life of the project is $6$ years. At the end of the project, the assets can be sold for $$350,000.$ The annual interest rate is $$250,000$ and the dividends are $50\%$ of net income. The project$$s required return, WACC is $10\%.$

Part $6.$

Calculate the depreciation for each year of the project$$s life.

Part $7.$

Calculate the project$$s cash flows.

Part $8.$

Calculate the project$$s NPV$.$

Part $9.$

Calculate the project$$s IRR.

Part $10.$

Calculate the project$$s payback period.