help please :")

The company faces a 40% tax rate. What is the project's operating cash flow for the first year (t=1) ? 8. The Board of Directors of National Brewing Inc. is considering the acquisition of a new still. The still is priced at $600,000 but would require $60,000 in transportation costs and $40,000 for installation. The still has a useful life of 7 years but will be depreciated over its 5-year MACRS life. The applicable MACRS depreciation rates are 20%,32%,19%,12%,11%, and 6%. It is expected to have a salvage value of $10,000 at the end of 7 years. The still would increase revenues by $220,000 per year and increase annual operating costs by $20,000 per year. Additionally, the still would require a $30,000 increase in net operating working capital. The firm's marginal tax rate is 40%, and the project's cost of capital is 10%. a. What is the initial investment outlay for the project, that is, what is the Year 0 project cash flow? b. What are the project's annual cash flows in Years 1, 2, 3, 4,6, and 7 ? c. What is the project's NPV