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Operating cash flow (growing each year; MACRS). Miglietti Restaurants is looking at a project with the following forecasted sales: first-year sales quantity of 31,000, with

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Operating cash flow (growing each year; MACRS). Miglietti Restaurants is looking at a project with the following forecasted sales: first-year sales quantity of 31,000, with an annual growth rate of 3.50% over the next ten years. The sales price per unit will start at $43 and will grow at 2.00% per year. The production costs are expected to be 57% of the current year's sales price. The manufacturing equipment to aid this project will have a total cost (including installation) of $2,100,000. It will be depreciated using MACRS, E, and has seven-year MACRS life classification. Fixed costs will be $310,000 per year. Miglietti Restaurants has a tax rate of 30%. What is the operating cash flow for this project over these ten years? What is the operating cash flow for this project in year 1? Data Table $(Round to the nearest dollar.) What is the operating cash flow for this project in year 2? $(Round to the nearest dollar.) MACRS Fixed Annual Expense Percentages by Recovery Class Click on this icon to download the data from this table What is the operating cash flow for this project in year 3? Year 3-Year 5-Year 7-Year 10-Year $(Round to the nearest dollar.) 1 33.33% 20.00% 14.29% 10.00% 2 44.45% 32.00% 24.49% 18.00% What is the operating cash flow for this project in year 4? 3 14.81% 19.20% 17.49% 14.40% $(Round to the nearest dollar.) 4 7.41% 11.52% 12.49% 11.52% 5 11.52% 8.93% 9.22% What is the operating cash flow for this project in year 5? 6 5.76% 8.93% 7.37% 7 8.93% 6.55% $(Round to the nearest dollar.) 8 4.45% 6.55% What is the operating cash flow for this project in year 6? 9 6.55% 10 6.55% $(Round to the nearest dollar.) 11 3.28% What is the operating cash flow for this project in year 7? $(Round to the nearest dollar.) Print Done What is the operating cash flow for this project in year 8? Enter your answer in each of the answer boxes

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