It is estimated that the new product will generate direct cash inflows of $3.75 mln per year over the 8-year life of the product. However, it is also estimated that the new product will cannibalize 15% of the cash inflows associated with the firm's existing products, which are currently $1.05 mln per year. To prepare for the launch of the new product, the firm will need to increase inventory levels by $1.5 mln. a. Complete a CCA table (similar to the one below) for MC's purchase of the new machinery. From the table, determine the PVCCA. [10 points] Year UCCBeginning CCA UCCEnd Tax Shield PVTaxShield 1 Etc. b. Determine the PVCCA for MC's capital purchase using the PVCCA formula. How does your answer compare with that found in Part a.? (10 points c. Determine the PVFCF associated with the project. (10 points d. What is the NPV associated with the product expansion? [5 points] It is estimated that the new product will generate direct cash inflows of $3.75 mln per year over the 8-year life of the product. However, it is also estimated that the new product will cannibalize 15% of the cash inflows associated with the firm's existing products, which are currently $1.05 mln per year. To prepare for the launch of the new product, the firm will need to increase inventory levels by $1.5 mln. a. Complete a CCA table (similar to the one below) for MC's purchase of the new machinery. From the table, determine the PVCCA. [10 points] Year UCCBeginning CCA UCCEnd Tax Shield PVTaxShield 1 Etc. b. Determine the PVCCA for MC's capital purchase using the PVCCA formula. How does your answer compare with that found in Part a.? (10 points c. Determine the PVFCF associated with the project. (10 points d. What is the NPV associated with the product expansion? [5 points]