Attached below is a finance question. Please help me with the question.

1. Today, you are evaluating a 3-year investment opportunity in a popsicle stand. The purchase price is $350K and includes all relevant costs associated with the implementation of the stand/popsicle maker (such as shipping and assembly). The asset's useful life is 3-years and its book value will be straight-line depreciated down to an end-of-life book value of $110K. You plan to sell the stand at an anticipated salvage value (i.e., selling price) of $116K at the end of year 3. Net working capital (NWC) is expected to increase by $45K at t=0 and decline by $45K at t=3. The popsicle stand is expected to provide cash sales of $325K per year, and will require cash expenses of $120K each year. The relevant marginal tax rate for this analysis is 20%. (a) Your task is to use the following table to identify all relevant cash flows and then calculate cashflows for all relevant points of time in your horizon: t=0 (3 marks), t=1 (3 marks), t=2 (3 marks), andt=3( 7 marks ). t=0 t=1 t=2 t=3(oper.) t=3(term.) Oper.Inc. + Dep.Exp Tax.Exp NetCapitalSpending NetWrk.Capital + GainonSale LossonSale CASHFLOW (b) After calculating all of the relevant cash flows in part a, use a discount rate 25% to calculate the NPV for this popsicle stand. Should you invest in the project or reject it? (4 marks) 1