Hermosa traditionally evaluates all foreign investments in U.S. dollar terms. Investment. Hermosa's anticipated cash outlay in U.S. dollars in 2012 would be as follows: _. All investment outlays will be made in 2012 , and all operating cash flows will occur at the end of years 2013 through 2017. of the plant. - Sales Price of Bulbs. Locally manufactured bulbs will be sold for the Argentine peso equivalent of $60 per set. - Operating Expenses per Set of Bulbs. Material purchases are as follows: - Transfer Prices. The $10 transfer price per set for raw material sold by the parent consists of $5 of direct and indirect costs incurred in the United States on their manufacture, creating $5 of pre-tax profit to Hermosa Beach. - Discount Rate. Hermosa Components uses a discount rate of 15% to evaluate all domestic and foreign projects. project viewpoint capital budget and a parent viewpoint capital budget. What do you conclude from your analysis? Calculate the free cash flows in years 2012 through 2014 from the project's viewpoint below: (Round to the nearest dollar.) Data table (Click on the following icon in order to copy its contents into a spreadsheet.) (Click on the following icon in order to copy its contents into a spreadsheet.)