Machinery Invoice - 190,000 Life of Four years, MACRS 3 year class after obtaining special tax ruling. yr 1 33%, yr 2 45%, yr 3 15% and

Ship Charge -10,000 7% year 4. Exp salvage value after 4 years-20,000. Est 125,000 addition to EBITD in each year for four years.

Install Charge 20,000 Tax rate is (.4) WACC-12%. What is the Capitalized Cost, net non-operating cash flow at time project is terminated,

Addition to NWC 30,000 and what is the annual operating cash flow for year 1?