Drop Back Five and Kick, Inc. is a football manufacturer. They are considering investing in new equipment which will cost exist228,000. The new equipment will produce some really nice new kicks that will increase sales by exist149,000 in years one, two, and three (that is, sales are not expected to grow, but will remain exist149,000 each year). Operating costs are 20% of sales. The equipment will be depreciated via 3 year MACRS schedule. The firm expects net working capital needs to be exist7,000 at year 0, exist7,000 in year 1, and exist12,000 in year 2. The firm also expects to sell the equipment at the end of year 3 for exist49,000. The firm's tax rate is 40%, 25 total points. Estimate cash flows for the project, and compute NPV using a cost of capital of 8%. Indicate accept or reject. Use the attached templates for your work