General Utility Corp. is going to buy new equipment that falls into the 4-year straight-line depreciation to $150,000. The equipment costs its current value of $800,000 (only the equipment), its separate installation costs of $50,000, its separate shipping costs of $50,000, and its separate research costs of finalizing the equipment type of $100,000. This specific new equipment has been selected since it is expected to generate $460,000 in revenue and increase operating costs by $160,000 in each year for 4 years. The project still requires $120,000 in net working capital at the beginning of the project which will be recovered in the 4th year (the final year). The equipment can be sold in year 4 for $100,000. The firm's marginal tax rate is 25% and its target cost of capital is 10\%. Note (if necessary): MACRS 3-year schedule - 33.33\%(Year 1) 44.44\% (Year 2) 14.81\% (Year 3) 7.41% (Year 4) Question 14. What are the initial CFs? Question 15. What is the CF as of Year 2? Question 16. What is the CF as of Year 4? Question 17. What are the terminal CFs? Question 18. What is the NPV of the project? Do you accept or reject the project based on the NPV criteria