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Andronicus Corporation ( AC ) has the following jumbled information about an investment proposal: Revenues in each of years 1 4 = $ 3 7

Andronicus Corporation (AC) has the following jumbled information about an investment proposal:
Revenues in each of years 14= $37,000
Year 0 initial investment = $57,000
Inventory level = $18,500 in year 1, $20,700 in year 2, and $13,500 in year 3
Production costs = $12,100 in each of years 14
Salvage value = $13,700 in year 4
Depreciation =100% immediate bonus depreciation
Tax rate =21%
There is an additional 6-month lag for all cash flows after year 0. For example, customers pay consistently with a 6-month lag, as AC does for production costs, taxes, etc.

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