Epiphany Industries is considering a new capital budgeting project that will last for three years. Epiphany plans on using a cost of capital of 12% to evaluate this project. Based on extensive research, it has prepared the following incremental cash flow projections: Year Sales (Revenues) - Cost of Goods Sold - Depreciation EBIT -Taxes (35%) 100,000 50,000 30,000 20,000 7000 13,000 30,000 5000 100,000 50,000 30,000 20,000 7000 13,000 100,000 50,000 30,000 20,000 7000 13,000 30,000 10,000 unlevered net income +Depreciation + changes to working capital - capital expenditures 30,000 -5000 -90,000 (1) What is the NPV of this project? (2) Epiphany is worried about the reliability of the sales forecast. How sensitive is the project's NPV to a 10% change in sales? Assuming sales affects COGS but doesn't affect NWC) (3) How sensitive is the project's NPV to a 10% change in COGS