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I just need a Income statement and Cashflow with calculations. Thank you! reference to financial calculations This project involves a new type of widget. The

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I just need a Income statement and Cashflow with calculations. Thank you!
reference to financial calculations This project involves a new type of widget. The management team has predicted that the proposed project would result in sales of 6,000 units of the widget per year at a price of $1.000 each. The variable costs are estimated at $400 per unit and the product would have a four-year life. Fred costs for the project would run $450,000 per year and there would be an initial investment of $1,250,000 in manufacturing equipment. The equipment would be depreciated using MACRS Over seven years. In year four, the equipment would be worth half of the purchase price. GRIZ, Inc would invest 51,150,000 in net working capital at the start of the project. After that, networking capital requirements would be 25% of sales. Assume a 21% tax rate In prior analysis, the management team has used a minimum 2.5-year payback and 3-year discounted payback when determining the viability of projects. Assume a 9% discount rate The MACRS Table is below! les Year MACRS Percentage 1 14 29% 2 24.49% 3 17.49% 12.49 X . A pro forma income statement for each year. A time-line showing all cashflows

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