Nature's Way Inc. is planning to invest in new manufacturing equipment to make a new garden tool. The new garden tool is expected to generate additional annual sales of 2,500 units at 60 each. The new manufacturing equipment will cost $227,000 and is expected to have a 10-year life and $17,000 residual value Selling expenses related to the new product are expected to be of sales revenue. The cost to manufacture the product includes the following on a per unit basis Direct labor $5.00 Direct materials 22.00 8.40 Fixed factory overhead-depreciation Variable factory overhead 3.60 Total $42.00 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 flows. Do not round your intermediate calculations but, if required round your final answer to the nearest dollar Cornucopia Inc. Net Cash Flows Years 29 Last Year Yeart 227.000 Operating cash flow Annual revenues 150.000 Selling expenses -7.500 Cost to manufacture Net operating cash flows 5 Total for Yes Total for Years 29 Total for last year