Please calculate the NPV with the process.

Exhibit 1' Financial Statements for Sunrise Bakery Income statement all fi ures are incremental 0 1 2 3 4 5 6 Revenue (Sales) $135,000 $145,000 $155,000 $165,000 $165,000 $165,000 Production Costs ($20,000) ($22,000) ($24,000) ($26,000) ($26,000) ($26,000) Depreciation /Amortization ($35,000) ($35,000) ($35,000) ($35,000) ($35,000) ($35,000) Prot Before tax $80,000 $88,000 $96,000 $104,000 $104,000 $104,000 Taxes ($24,000) ($26,400) ($28,800) ($31,200) ($31,200) ($31,200) Prot after tax (Net Income) $56,000 $61,600 $67,200 $72,800 $72,800 $72,800 Projected Balance Sheet 0 1 2 3 4 5 6 Cash and Marketable Sec. $0 $91,675 $188,325 $290,575 $398,425 $506,225 $614,025 Other Current Assets (Inventory/Receivables) $15,000 $17,025 $17,175 $17,325 $17,475 $17,475 $17,475 Fixed Assets At cost $350,000 $350,000 $350,000 $350,000 $350,000 $350,000 $350,000 Accumulated Depreciation I Amortization $0 $35,000 $70,000 $105,000 $140,000 $175,000 $210,000 Net Fixed Assets $350,000 $315,000 $280,000 $245,000 $210,000 $175,000 $140,000 Total Assets $365,000 $423,700 $485,500 $552,900 $625,900 $698,700 $771 ,500 Current liabilities (Payables) $0 $2,700 $2,900 $3,100 $3,300 $3,300 $3,300 LT Debt $0 $0 $0 $0 $0 $0 $0 Total liabilities $0 $2,700 $2,900 $3,100 $3,300 $3,300 $3,300 Stock And accumulated retained earnings $365,000 $421,000 $482,600 $549,800 $622,600 $695,400 $768,200 Total liabilities and equity $365,000 $423,700 $485,500 $552,900 $625,900 $698,700 $771,500