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please provide formula, process and the answer of each question below, not using excel please. Thank you in advance. Use the following prompt to answer

please provide formula, process and the answer of each question below, not using excel please. Thank you in advance. image text in transcribed
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Use the following prompt to answer the subsections: Aunt Sally's Sauces, Inc., is considering expansion into a new line of all-natural, cholesterol- free, sodium-free, fat-free, low-calorie tomato sauces. Sally has paid $50,000 for a marketing study which indicates that the new product line would have sales of %650,000 per year for each of the next six years. Manufacturing plant and equipment would cost $500,000, and will be depreciated according to ACRS as a five-year asset. The fixed assets will have no market value at the end of six years. Annual fixed costs are projected at $80,000 and variable costs are projected at 60% of sales. Net working capital requirements are $75,000 for the six-year life of the project; the outlay for working capital will be recovered at the end of six years. Aunt Sally's tax rate is 34% and the firm requires a 16% return. (3.1) Use the tax-shield approach to compute the operating cash flow for years 1 through 6. (6 points)

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