Aero Motorcycles is considering opening a new manufacturing facility in fort Worth to meet the demand for a new line of solarcharged motorcy cles (who wants to ride on a cloudy day any way?) The proposed project has the followine features: - The firm just spent $300,000 for a marketing study to determine consumer demand (t0). - Aero Motorcvcles purchased the land the factory will be built on 5 years ago for $2,000,000 and owns it outright (that is, it does not have a mortgasei. The land has a current market value of $2,600.000. - The project has an inibal cost of $20,000,000 (excluding land, hint: the land is not subject to depreciation) - If the project is undertaken, at t=0 the company will need to increase its inventories by $3,500,000, accounts receivable by $1,500,000 and its accounts payable by $2,000,000. This net operating working capital will be recovered at the end of the project's He(t) 10). - If the propect is undertaken, the company will realize an additional $8,000,000 in sales over each of the next ten years. (i.e. fales in each ver are $8,000,0001 - The compinys operating cost (not including depreciaton) will equal 50% of sales. - The company'stax rate is 35 percent (assume land has a book value equal to the original purchase price) - Thesprojects WACd zopercent - Assume the furm is profitable and able to use any tax credits (ide nesquve taxes) What is the total cash flow at t=10 ? Round to nearest whole dollar value