please show all ur work so i can see what you added/ subtracted, etc.

for part a. calculate FCF at time 0, years 1-7, and year 8

part b just calculate normally.

Arnold inc. is considering a proposal to manutacture high-end protein bars used as food supplementa by body bulders. The project requires use of an enisting warehouse, which the frm acquired three years ago for $4 million and which it eurrently rents out for $123,000. Rentai rases ase not expected to change going forward. in addian to using the Yvarebouso, the project requires an vofront investment into machines and other equipment of $1.4 milion. This hivestment can be fully depreciated straightine ovor the next 10 years for tax purpeses. However, Amold inc, expects to terminate the project at the end of eight years and to sett the machines and equipment for $452,000. Finally, the project requires an initial imvestment into net working capital equal to 10\%s of predicted first-year saies. Subvequently, net working capial is 10% of the predicted sailes over the following year. Sales of protein bars are expocted to be $4.6 militon in the fint year and to stay constant for eight years. Totai manufacturing costs and operating expenses (excluding depreciation) are 60% of soles, and profts ace taxed at 30% a. What are the free cash flows of the project? b. If the cost of captal is 15%, what is the NPY of the project