PLEASE STATE THE FORMULAR OF ALL THE VALUES OUTSIDE TABLES, ALSO ON HOW YOU ARRIVE AT THEM. DO NOT JUMP STEPS. PARTICULARLY HOW YOU GET THE FREE CASH FLOW, PRESENT VALUES AND IRR IN EACH TABLE AND THE SUBSEQUENT PERCENTAGES USED IN THE CALCULATION.

Sensys AB is considering a new capital budgeting project that will last for three years. Sensys plans on using a cost of capital of 5% to evaluate this project. Sensys has also capital expenditures of 90,000 which will be depreciated straight-line over 3 years. Based on extensive research, it has prepared the following incremental cash flow projections:

Year	0	1	2	3
Sales (Revenues)		100,000	100,000	100,000
- Cost of Goods Sold (50% of Sales)		50,000	50,000	50,000
- Depreciation		30,000	30,000	30,000
= EBIT		20,000	20,000	20,000
- Taxes (35%)		7,000	7,000	7,000
= unlevered net income		13,000	13,000	13,000

The project requires an increase of working capital by 3000 in year 1 and a further increase of working capital by 3000 in year 2. The entire working capital will be recovered in year 3.

a. The free cash flow for the first year of Sensys' project is . (round to full number, if negativ use -, don't enter , as thousand separator)

b. The free cash flow for the last year of Sensys' project is . (round to full number, if negativ use -, don't enter , as thousand separator)

c. The NPV for Sensys' project is . (round to full number, if negativ use -, don't enter , as thousand separator)

d. The IRR of Sensys' project is %. (round to two decimals)