Part B. cash flows from year 1 to year T-1:

Ferrari NV, is evaluating a project the produce a new supercar. The anticipated cost of purchasing new equipment and facilities for the project is $851 to be paid at inception of the project. The equipment and facilities will be depreciated to $236 over the 20- year life of the project. Sales and operating expenses for the project are expected to be $559 and $349 respectively for each year of the project starting one year after inception. To support the new project, Ferrari will increase inventory, accounts payable, and accounts receivable by $334, $286.27, and $154.79 in each year of the project. At the end of the project, (in 20 years) Ferrari will sell the equipment and facilities for $223 and recover all working capital. Ferrari has a tax rate of 31.51%.

Find the project cash flow after inception and prior to the last year of the project (for example year 2).

Note: This is part B of the same problem with different numbers (because of limitations in Canvas). Part B does not require you to recalculate numbers from part A.

Answer Format: INCLUDE ONLY NUMBERS AND DECIMALS IN YOUR ANSWER. Do not include "$" "," or any other formatting. Carry interim computations to at least 4 decimals.

Enter numerical answers as a positive or negative number rounded to 2 decimal places (###.##)