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Based on the two projects and cash basis of accounting income statements, calculate the corresponding cash flows, tares. Alter Tax Cash Flows, and the present

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Based on the two projects and cash basis of accounting income statements, calculate the corresponding cash flows, tares. Alter Tax Cash Flows, and the present value of sitter tax cash flows for each year assuming an 80% discount rate). Be sure to complete all cells highlighted in yellow. Additionally, tell me you had to pick between project and project 2, which project would be more financially viable?? Which project is more financially viable Cash Basis of Accounting w 1 Y 2 W 3 W 4 w 5 Y 6 WY 7 W 8 Y 9 W 10 0 Total Inicial Investment in Project 1 (20.000) Revenue 100.000 120.000 140,000 160.000 170.000 170,000 160.000 140,000 120.000 100.000 1.380.000 5.000 50 000 Supplies Expense interest Expense Depreciation Expense Salaries Expense 55.000 5.000 5.500 10.000 65.000 5.000 5.500 10,000 25.000 5.000 5500 10.000 25.000 5.000 5.500 10,000 90.000 5.000 5.500 10.000 90.000 5,000 5,500 10,000 90,000 5.000 5,500 10.000 90.000 10.000 5.000 5,500 10,000 90.000 5.000 5.500 10.000 80.000 100 000 8.35.000 90.000 Netcome 14.500 2.500 44500 49.500 59.500 49,500 29.500 9.500 MOOI 340.000 120.0001 Cash Flow Tax Marginal Rate 39%) After Tax Cash Flow (20,000.00 NPV of Project 1 Present Value of Alter Tax Cash Flow CashBasis of Accounting W W W Y 2 Y o W 10 1 5 initial investment in Project 120.000 Reverse 170,000 170,000 160.000 160.000 120.000 120,000 120,000 120,000 100,000 100.000 1,340.000 5.000 5.000 Supplies Eigene interest Expense Depreciation Experte Salaries Expense 5.000 5.500 10.000 25.000 5.500 10.000 65.000 5.500 5.000 5.500 10.000 90.000 5.500 10.000 75.000 5.500 10,000 0.000 10.000 90.000 10.000 5.000 5.500 10.000 90.000 10.000 20.000 5.500 10.000 80.000 50.000 55.000 100 000 835.000 Net Income 84.100 74.500 64100 49.500 9.500 9,500 2.500 9.500 (10.5000 Sool 300.000 Cash Flow 120.000 Tax Marginal Rate 39) After Tax Cash Flow (20,000.00 NPV of Project Present Value of Alter Tax Cash Flow

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