Blaze Scooters is considering expanding into a new college town and has the following operating data: Initial Investment in scooters (year 0): $102863 Cost of securing permits (assume that permit cost is a tax-deductible expense in year 1 ): $11942 Anticipated Revenue: $169311 for years 1.5. Depreciation of scooters - straight line down to 0 over 5 years. Operating expenses (not including Depreciation): \$80503 per year. Tax Rale: 21%. Net Working Capital, consisting of cash, spare parts inventory, accounts receivable, and accounts payable: $30,000. Blaze expects to be able to recoup 100% of Net Working if they shut down. Assume that investment in working capital occurs in year 0 at the start of the project. Scrap value of scooters at the end of 5 years: $20,000. (remember that any capital gains when selling are taxable) Assume that Blaze makes the necessary investments, operates for 5 years, and then shuts down, selling the scooters for scrap and recoupina Net Workina Capital. What are their expected after-tax cash flows for year 2 rounded to the nearest cent (.01)? QUESTION 2 Blaze Scooters is considering expanding into a new college town and has the following operating data: initial investment in scooters (year 0): $106853 Cost of securing permits (assume that permit cost is a tax-deductible expense in year 1): \$10367 Anticipated Revenue: $217881 for years 1.5. Depreciation of scoolers - straight line down to 0 over 5 years, Operating expenses (not including Depreciation): $77789 per year. Tax Rate: 15\%. Net Working Capital, consisting of cash, spare parts inventory, accounts rocolvable, and accounts payable: 526271 . Blaze expects to be able to recoup 100% of Net Working if they shut down. Assume that investment in working capital occurs in year 0 at the start of the project. Scrap value of scooters at the end of 5 years: $24807. (remember that any capital gains when selling are taxable) Assume that Blaze makes the necessary investments, operates for 5 years, and then shuts down, selling the scopters for scrap and recouping Net Workina Cacital What are their expected after-tax cash flows for year 5 rounded to the nearest cent (o1)