One Year Caf Business Project Data Project life 1 yr Initial investment in cafe equipment $100k Depreciation of equipment over the year $60k Units of coffees sold at end of year 45k Coffee sale price per unit $3 Variable cost per unit $1 Lease cost paid at end of year $20k Tax rate 30% Note 1: Raw coffee beans inventory of $3k will need to be bought at the very start (t=0). This will be used up at the end of the year (t=1). Note that k is an abbreviation for kilo which means thousands. So $3k is $3,000. Note 2: You will also sell biscuits and bottled fruit juice which is expected to bring in pre-tax profits of $10k at the end of the year. Note 3: You will work full time in the cafe business project so you will be unable to do your regular day job where you earn $52k after tax per year paid at the end of the year. Note 4: The caf equipment will be sold at the end of the year and is expected to have a market value of $15k. However, for tax purposes the forecast book value at that time (t=1) will be $40k. Question 5a (3 marks): Find the projects unlevered Cash Flow From Assets (CFFA) at time t = 0. You do not need to find the NPV. Question 5b (7 marks): Find the projects unlevered CFFA at time t = 1. You do not need to find the NPV.