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Outdoor Sports is considering adding a putt putt golf course to its facility. The course would cost $ 1 6 9 0 0 0 ,

Outdoor Sports is considering adding a putt putt golf course to its facility. The course would cost $169000, would be depreciated on a straight-line basis over its 4-year life, and would have a $62500 saivage value. The sales would be $93,500 a year, with costs of $28,350. The project will require $3,550 of net working capital, which is recoverable at the end of the project. Estimate the free cash flows for the project for years 0,1,2,3, and 4 if the tax rate is 17%.
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