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Help! Aguilera Acoustics, Inc., (AAI) projects u sales for a new seven-octave voice emulation implant as follows: Year Unit Sales 115,500 134,500 122,500 105,500 91,500

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Aguilera Acoustics, Inc., (AAI) projects u sales for a new seven-octave voice emulation implant as follows: Year Unit Sales 115,500 134,500 122,500 105,500 91,500 Production of the implants will require $1,650,000 in net working capital to start and additional net working capital investments each year equal to 10 percent of the projected sales increase for the following year. Total fixed costs are $1,500,000 per year, variable production costs are $240 per unit, and the units are priced at $360 each. The equipment needed to begin production has an installed cost of $30,500,000. Because the implants are intended for professional singers, this equipment is considered industrial machinery and thus qualifies as seven-year MACRS (MACRS Table) property. In five years, this equipment can be sold for about 10 percent of its acquisition cost. AAI is in the 30 percent marginal tax bracket and has a required return on all its projects of 15 percent. Required: What are operating cash flows, change in net working capital, capital spending, and total cash flow for each year of the project? (Do round intermediate calculations. Enter minus indicate a cash outflow. Enter a zero where required. Round your answer to the nearest whole number (e.g., 32) Year OCF Change in NWC Capital spending Total cash flow

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