I need help with answering the following questions:

Allied Food Products is considering expanding into the fruit juice business with a new fresh lemon juice product. Assume that you we re recently hired as assistant to the director of capital budgeting, and you must evaluate the new project. The lemonjuice would be produced in an unused building adjacent to Allied's Fort Myers plant; Allied owns the building. which is fully depreciated. The required equipment would cost $380,000, plus an additional $35,000 for shipping and installation. In addition, inventories would rise by $35,000, while accounts payable would increase by $8.000. All of these costs would be incurred at t = 0. By a special ruling, the machinery could be depreciated under the MACRS system as 4-year property. The applicable depreciation rates are 35%, 30%, 25%, and 10%. The project is expected to operate for 4- years, at which time it will be terminated. The cash inows are assumed to begin 1 year after the project is undertaken it = 1}. and to oontinue out to t = 4. At the end of the project's life [1: = 4}, the equipment is expected to have a salvage value of $00,000. Unit sales are expected to total 230,000 units per year, and the expected sales price is $1.80 per unit. Cash operating costs for the project {total operating costs less depreciation] are expected to total 45% of dollar sales. Allied's tax rate is 15%. and its WACC is 10%. Tentatiyely, the lemon juice project is assumed to be of equal risk to Allied's other assets. You have been asked to evaluate the project and to make a recommendation as to whether it should be accepted or rejected. To guide you in your analysis, your boss gave you the following set of tasksi'questions: Part lAl Allied has a standard form that is used in the capital budgeting process. {See Table 1} Part of the table has been completed, but you must replace the blanks with the missing numbers {marked with it}. Complete the table using the following steps: 1. Fill in the blanks under Year G for the initial investment outlays: Capital Expenditures {CAPEX} and change in Net Operating Working Capital loNOWC}. 2. Complete the table for unit sales. sales price. total revenues. and operating costs excluding depreciation. 3. Complete the depreciation data. 4. Complete the table down to after-tax operating income and then down to the project's operating cash flows. EBITil - T] + DEF. 5. Fill in the blanks under Year 4 for the terminal cash flows and complete the project free cash flow line. Table 1: Allied's Lemon Juice Project Years 2 3 I. Investment Outlays Equipment cost Shipping andInstallation CAPEX Increase in inventory Increase in Accounts Payable ANOWC Il. Project Operating Cash Flows Unit sales 230,000 X Price per unit $ 1.80 5 1.80 $ 1.80 $ 1.80 Total revenues 414,000 Operating costs (w/o deprn) 186,300 Depreciation 103,750 41,500 Total costs $ 331,550 $ 310,800 EBIT (Operating income) $ 123,950 Taxes on operating income 12,368 27,930 EBIT (1 - T) = After Tax operating income x $ 105,358 Add back depreciation 145,250 103,750 41,500 EBIT (1 - T) + DEP $0 $ 215,333 x $ 199,770 Ill. Project Termination Cash Flows Salvage value $40,000 Tax on salvage value 6,000) After-tax salvage value 34,000 ANOWC = Recovery of NOWC $27,000 Project Free Cash Flows = $ (442,000 X X x $ 260,770 EBIT(1-T) + DEP - CAPEX - ANOWC Part (B) Calculate the project's NPV, IRR, MIRR, and payback. Do these indicators suggest that the project should be accepted? Explain