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Gustav has decided to introduce a new line of cat carriers. He will need a new equipment that costs $ 1 2 , 3 0

Gustav has decided to introduce a new line of cat carriers. He
will need a new equipment that costs $12,300,000 and can be
depreciated on a MACRS three-year basis. After three years, he
plans to sell the equipment for $5,000,000. The new carriers will
also require an increase in NWC of $2,100,000 that will be
recuperated at the end of the project. Gustavs company has an
effective tax rate of 40%. What is the estimated FCF in year 0?Do not use decimals, the $ sign, or the thousands
separator.

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