-Operating Expenses 12,000 17,250 22,000 25,200 27,000 -Depreciation 12,000 18,000 24,000 28,800 32,400 Pretax Income -Taxes Net Income a) Calculate the net income generated by Fusion Chips in each year from 2013 to 2017. b) Calculate the operating cash flow generated by Fusion Chips in each year from 2013 to 2017. c) Calculate the NPV of the new integrated chip project assuming that the discount rate is 10% and the initial cost of the project is $50,000 (Base Case) d) Calculate the NPV of the project for the worst case by assuming that sales drop by 20% each year from prior year and the discount rate is 12%? For example, sales for 2014 will be 80% of sales for 2013. e) Calculate the NPV of the project for the best case by assuming that sales increases by 30% each year from prior year and the discount rate is 5%? For example, sales for 2014 will be 130% of sales for 2013. f) Calculate the NPV of the project for the base case by assuming that sale is $100,000 and the discount rate is 10%. g) What is the expected NPV of this new integrated chip? The probability for the base case is 40%, the worst case is 25%, and for the best case is 35%. h) Should the company accept the project? Why?