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Marigold Ine. is planning to invest in new manufacturing equipment to make a new garden tool. The garden tool is expected to generate additional annoat

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Marigold Ine. is planning to invest in new manufacturing equipment to make a new garden tool. The garden tool is expected to generate additional annoat sales of 8,800 units at $44 each. The new manufacturing equipment will cost $162,000 and is expected to have a 10 year life and $12,400 reydual value. Selling expenses related to the new product are expected to be 4% of sales revenue. The cost to manufocture the product includes the following on a perint basis: Determine the net cashi fiows for the first year of the project, Years 2-9; and for the last year of the project. Use a minvs sign to indicate cash outhows. Do not round your intermediate calculations but, if required, round your final answer to the nearest dellar. 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 oucfiens, De not round vour intermediate calculations but, if required, round your final answer to the nearest doliar

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