Calculate Law Nature's Way Inc. is planning to invest in new manufacturing equipment to make a new garden tool. The garden tool is expected to generate additional annual sales of 8,000 units at $44 each. The new manufacturing equipment will cost $163,900 and is expected to have a 10 year Me and 512,600 residual value. Selling expenses related to the new product are expected to be 5% of sales revenue. The cost to manufacture the product includes the following on a per unit has Direct tabor $7.5 Direct materials 24.4 Fixed factory overhead depreciation 1.2 Vanable factory overhead 3.8 Total $37.4 Determine the net cash flows for the first year of the project, Years 2-0, and for the last year of the project Use the munus sien to indicate cash outflows. Do not round your intermediate calculations but, if required, round your final answer to the nearest dollar Nature's Way Inc. Net Cash Flows Year 1 Years 9 Last Year -161,000 Initial investment Operating cash flows Annual revenues Selling expenses Cost to manufacture Net operating cash flows Nature's Way Inc. Net Cash Flows Year 1 Years 2-9 Last Year Initial investment - 163,900 Operating cash flows: Annual revenues $ $ Selling expenses Cost to manufacture $ Net operating cash flows