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A firm is considering a project with the following information: - Project will require purchase of a machine for $101,957.00 that is MACRS depreciable over

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A firm is considering a project with the following information: - Project will require purchase of a machine for $101,957.00 that is MACRS depreciable over a five-year schedule. (no depreciation until end of year 1). - Project will require immediate non-depreciable expenses of $28,030.00 TODAY (year 0). - Project will have the following projected balance sheet values of NWC: Attempts Remaining: Infinity - Sales for the project will be $50,699.00 per year, with all other expenses (excluding depreciation) at 43.00% of sales. - The tax rate for the firm is 36.00%, while the cost of capital is 15.00% "assume project goes beyond two years

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