Chapter 25 Homework WBOOK Show Me Ho Nature's Way Inc is planning to invest in new manufacturing equipment to make manufacturing equipment will cost $123,000 and is expected to have a 10-year life manufacture the pinduct includes the following on a pe Direct labor new garden tool. The new garden tool is expected to generate additional annual sales of 7,100 units at $42 s The new and $9,400 residual value, Selling expenses related to the new product are expected to be 5% of sales revenue. The cast te Direct materiale Foved factory overhead-depredation Variable factory overhead $7.10 23:40 1.60 3.60 $35.70 Total Determine the net cash flows for the first year of the project, Years 2-3, and for round your final answer to the nearest doller project. Use the minus sign to indicaty cash ouchows. De nut round your intermediate calculations but, freed Out of Eden, Inc Initial investment Operating cash flows Annual revenues Seling expenses Cost to manufacture Net Cash Flows Net operating cash flows Total for Year 1 Total for years 2-9 Residual value Total for lest year Year I Years 2-9 Last Year 100.0000