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can you write out the work, not on excel A five-year project has an initial fixed asset investment of $350,000, an initial net working capital

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A five-year project has an initial fixed asset investment of $350,000, an initial net working capital (NWC) investment of $40,000, and an annual operating cash flow (OCF) of $23,000. The fixed asset is fully depreciated over the life of the project and has no salvage value. The initial investment in NWC will be recovered at the end of the project. If the required return is 12 percent, what is this project's equivalent annual cost, or EAC

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