Corporation B purchased equipment in order to facilitate the processing of its product (with the intent of expanding its revenue) over the next few years. At the end of this project (end of 20X7), a supplierwill begin to take over the processing of this product. A few facts about the purchase are listed below: a. The cost of the equipment, including shipping and installation, is $400,000. The entire amount will be paid in cash. The equipment will be purchased in early 20X4. b. The life of the equipment is four years (end of 20X7), at which time it is expected to sell for $40,000. c. Corporation B will initially purchase $200,000 of inventory; 70% of inventory purchases over the life of this project will be financed via accounts payable. d. Recurring cash flows occur at year-end of each year, and termination cash flows occur at year-end 20X7. e. All cash flows generated each year are paid to Corporation B (i.e., owner of the project). Based on this information, Corporation B prepared the Projected Balance Sheet and Projected Income Statement for this project, which can be found in Appendix A. 2) Calculate the cash flows associated with this project. Calculate these cash