HELP MEEE .3

Snow tnc. has just completed development of a new cell phone. The new product is expected to produce annual revenues of $1,400,000. Producing the cell phone requires an investment in new equipment, costing $1,500,000, The cell phone has a projected life cycle of 5 years. After 5 vears, the equipment can be sold for \$160,000. Working capital is also expected to increase by $200,000, which Snow will recover by the end of the new groduct's life cycle. Annual cash operating expenses are estimated at $820,000, The required rote of return is 8%6. Required: Two present value tables are provided: Present Value of a Single Amount and Present Value of an Annuity. Use them as directed in the problem requirements. 1. Prepare a schedule of the projected annual cash fows. If an amount is negative or an outflow, first enter a minus sign ( -2 . 2. Calculate the NPV using only discount factors from the Present Volue of a Single Amount tabie shown in Present-Value Tabies, Round the present value calculation and your final answer to the nearest whole doliar. The NPV using the gresent value of a single amount table is $ 3. Calcutate the NPV using discount factors from both of the tables shown in Present Value Tobies. Round the present value calculation and your final answer to the nearest whole dollar The Npy using the annuity tabies is 5