Period 0 1 2 3 EBIT $16,000 $54,000 $115,000 $152,500 The above table illustrates earnings before interest and taxes for a capital investment project. Use the additional information to calculate the operating cash flow, net incremental cash flow and net present value for this project: initial cost of the investment = $440,000 completed marketing study = $15.000 change in net working capital = $100,000 (fully recoverable by end of the project) tax rate = 25% depreciation = straight line over four years projected cash flow from salvage (after-tax) = $25,000 projected erosion costs = $12,000 in Year 1 and $8,500 in Year 2 weighted average cost of capital = 9.5% What is the relevant initial investment (Year O cash flows) for the project? Enter your answer as a regular dollar value, rounded to the nearest dollar. Do not enter dollar signs, percent signs, or commas. For example, if you calculated $49,201.94, you should enter 49202. Or if you calculated a decimal of $129,611.37, you should enter 129611. Answers are counted correct with an error term of +/- $5. Because of the explanation and sample entries given here, there is no credit for a correct answer entered incorrectly