I need the CFBT Cash Flow Before Tax and the NWC

5. You recently began working for the Orange Fizz Company. Management is contemplating the replacement of its existing, three-year old (third-year depreciation completed) bottling machines, originally costing $17,000,000, with newer and more efficient machines. The old (existing) machines were placed on the MACRS five-year class life depreciation schedule (assuming half-year convention) three-years ago. Total operating costs for the old bottling machines are $5,300,000 per year and Orange Fizz will bottle 50 million (50,000,000) bottles per year each year for the next seven years. The firm expects to realize a $1,000,000 return from salvaging the old machines in 7 years; however, the existing machines may be sold now to another firm in the industry for $2,500,000. If Orange Fizz retains the old machines, they would remain operational for the next 7-years. The new bottling machines, if purchased, would cost $20,000,000 and would be placed on MACRS five-year class life depreciation and will remain in operation for the next 7 years. The new machines are expected to have a salvage value of $2,500,000 in seven years. Total annual incremental savings in operating costs of $0.08 per bottle will be realized if the new bottling machines are installed. The company is in the 26% income tax bracket and it has a 10% WACC