Please help explain the answer to these questions, along with the equations used to calculate them.

United Technologies Project Analysis United Technologies is considering building a new manufacturing plant to produce super energy efficient "Home Climate Control Systems through its Carrier division. The project would require an initial investment in new production facilities and equipment of $400 million in 2020 would fall in the 5-year MACRS depreciation class. United Technologies has already spent $20 million designing and developing these new systems and they will need additional net working capital of $50 million in 2020. The table following this paragraph contains sales, sale price, variable cost & fixed cost projections over the expected life of the project. The company's marginal tax rate is 40% and this project has a WACC of 9.5%. At the end of 2019, United Technologies will end the project and can sell their production facility & equipment for $85 million in addition to liquidating the extra net working capital that was needed for the project. Year 2020 2021 2022 2023 2024 Unit Sales 100,000 120,000 130,000 135,000 130,000 Sales Price / Unit 3000 3000 3100 3100 3100 Variable Cost/ unit 1800 1800 1900 1950 1950 Fixed Costs 210,000 215,000 220,000 225,000 230,000 Answer the following. 1. What is the initial cash flow for the project? 2. What are the annual operating cash flows for the project? 3. What is the project's terminal cash flow? 4. Calculate the NPV, and IRR for the project. 5. Should UTC accept this project? Explain why