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 $8,400$ units at $$38$ each. The new manufacturing equipment will cost $$136,500$ and is expected to have a $10-$year life and $$10,500$ residual value. Selling expenses related to the new product are expected to be $4\%$ of sales revenue. The cost to manufacture the product includes the following on a per$-$unit basis:Determine the net cash flows 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 outflows. Do not round your intermediate calculations but, if required, round your final answer to the nearest dollar.

Marigold Inc.

Net Cash Flows