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. Consider the following proposed project for Axiom Industries. Cost of new equipment: $180,000 Shipping/Installation: $20,000 Change in Net Operating Working Capital: $40,000 New sales

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. Consider the following proposed project for Axiom Industries. Cost of new equipment: $180,000 Shipping/Installation: $20,000 Change in Net Operating Working Capital: $40,000 New sales per year: $150,000 New operating costs per year: $70,000 Economic life: 4 years Depreciable life: MACRS 3-year class (33%, 45%, 15%, 7%) Salvage value: $14,000 Tax Rate: 25% WACC: 9% What is the operating cash flow for year 3, or FCF3? 0 $150,000 O $55,750 $37,500 $67,500 evious

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