Marigold Inc, is planning to invest in new manufacturing equipment to make a new garden tool. The garden tool is expected to generate additional annual sales of 5,700 units at $30 each. The new manufacturing equipment will cost $67,900 and is expected to have a 10 -year life and $5,200 residual value. Selling expenses related to the new product are expected to be 5% of sales revenue. The cost to manufacture the product includes the following on a per-unit basis: Determine the net cash fows for the first year of the project, Years 2-9, and for the last year of the project. Use a minus sign to indicate cash outfiows, Do not round your intermediate calculations but, if required, round your final answer to the nearest dollar. Marigold Inc. Net Cash Flows