Out of Eden, Inc., is planning to invest in new manufacturing equipment to make a new garden tool. The new garden tool is expected to generate additional annual sales of 6,800 units at $54.00 each. The new manufacturing equipment will cost $154,700 and is expected to have a 10-year life and $11,900 residual value. Selling expenses related to the new product are expected to be S% of sales revenue. The cost to manufacture the product includes the following on a per-unit basis: Direct labor Direct materials Fixed factory overhead-depreciation Variable factory overhead $9.20 30.00 2.10 4.60 $45.90 Total Hide Determine the net cash flows for the first year of the project, Years 2-9, and for the last year of the project. Use the minus sign to indicate cash outflows. Do not round your intermediate calculations but, if required, round your final answer to the nearest dollar Out of Eden, Inc. Net Cash Flows Last Year Initial investment