I need help with coming to the solutions please show your work I have the answers. The first question is What value should you use for the total capital expenditure at the beginning of the project for all the fixed assets involved? The correct answer: $-745000.$ The second question is What value should you use for the total capital recovered at the end of the project for all the fixed assets involved? The correct answer: $312288.$ Now please tell me how to get to those answers. Here is the rest of the problem: Bourque Enterprise is considering a new four$-$year project.

The company bought some land a year ago for $$200,000$ in anticipation of using it as a manufacturing production site. Based on a recent appraisal, the company believes it could sell the land for $$235,000$ on an after$-$tax basis. In four years, the land could be sold for $$250,000$ after taxes.

The company projects unit sales as follows at a price of $$100$ per unit.

Year Unit sales

$19,000$

$29,000$

$37,000$

$43,000$

Total fixed costs are $$125,000$ per year, and the variable product costs will be $25$ percent of sales. The plant and equipments required for the project will cost $$510,000.$ A five$-$year MACRS depreciation is used. At the end of the project, these fixed assets can be sold for $$55,000$ before tax.

The project will require net operating working capital equal to $20$ percent of sales that must be accumulated in the year prior to sales, to support inventory and the credit sales to customers.

The tax rate is $22$ percent. The required return is $11$ percent.