ack in Bedford, NY the following data. on a straight line basis over five years. At the end of five years, the project will term and he expects to sell the truck for $23,000. Jack expects annual revenues to be and operating expenses to be $80,000 per year. The business will require an investment in working capital of $9,000 and thereafter working capital requirements expected to remain constant. s considering expa The special truck he needs costs $90,000. He can depreciate the tru nding his magic show business and has gathered ck inate $120,000 initial are a. If the marginal tax rate for this business is 40% calculate the operating cash flows for the project in each of years 1-5. (10 points) Calculate the terminal cash flows, or the special cash flows that occur in the last year of the project (year 5). (6 points) Calculate the project cash flows, or the sum of initial investment, OCF, investment n working capital, and terminal cash flows (if any) in each of years 0-5 (10 points) c. d. Calculate the NPV and IRR for the project based on the cash flows estimated in part (c) assuming that the discount rate is 22%. (6 points)