NPV. Miglietti Restaurants is looking at a project with the following forecasted sales: first-year sales quantity of 36,000, with an annual growth rate of 4,00% over the next ten years. The sales price per unit will start at $12.00 and will grow at 2.00% per year. The production costs are expected to be 55% of the current year's sales price. The manufacturing equipment to aid this project will have a total cost (including installation) of $2.500.000. It will be depreciated using MACRS, and has a seven-year MACRS life classification. Fixed costs will be $360,000 per year. Miglietti Restaurants has a tax rate of 40%. What is the operating cash flow for this project over these ten years? Find the NPV of the project for Miglietti Restaurants it the manufacturing equipment can be sold for $140,000 at the end of the ten-year project and the cost of capital for this project is 8% What is the operating cash flow for this project in year 1? (Round to the nearest dollar) Data Table MACRS Fixed Annual Expense Percentages by Recovery Class 3-Year 33.33% 44,45% 14.81% 7.41% Year 1 2 3 4 5 6 7 8 9 10 11 Seal 20.00% 32.00% 19.20% 11,52% 11.52% 5.76% 7- 14.29% 24.49% 17.49% 12.49% 8.93% 8.93% 8.93% 4,45% 10.00% 18.00% 14.40% 11.52% 9.22% 7.37% 6.55% 6.55% 6.55% 6.55% 3.28% Enter your answer in the answer box and then click Check A 11 parts remaining ock Annwer