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Consider Table 4. The Burren Inc. is considering investing in projects 1 and 2. The initial cost of project 1 is 3,000 and 2,000 for

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Consider Table 4. The Burren Inc. is considering investing in projects 1 and 2. The initial cost of project 1 is 3,000 and 2,000 for project 2. Each project lasts four years. Straight-line depreciation method is used The minimum accounting rate of return is 10%. The discount rate is 10% for both projects, and the depreciation rate is 25% for each project. The minimum acceptable payback is 3 years. NWC is net working capital Table 4 Project 1 Time (in veurs) Project 2 Time (in years) 420 120 Earings Change in NWC Cash flows 0 0 1 (3.000) 390 (400) 330 200 450 100 0 0 (2.000) 120 (25) 120 150 120 10 100 a) Consider Table 4. Calculate the cash flows for project 1 and project 2, respectively. Detail all calculations that you use

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