NPV. Mathews Mining Company is looking at a project that has the following forecasted sales: first-year sales are 6,700 units, and sales will grow at 13% over the next four years (a five-year project). The price of the product will start at $127.00 per unit and will increase each year at 5%. The production costs are expected to be 60% of the current year's sales price. The manufacturing equipment to aid this project will have a total cost (including installation) of $1,400,000. It will be depreciated using MACRS, 3 , and has a seven-year MACRS life classification. Fixed costs will be $60,000 per year. Mathews Mining has a tax rate of 28%. What is the operating cash flow for this project over these five years? Find the NPV of the project for Mathews Mining if the manufacturing equipment can be sold for $70,000 at the end of the five-year project and the cost of capital for this project is 13%