Problem $1$

Intro

A new project is expected to generate annual sales of $$150,000$ and annual costs of $$142,500($excluding

depreciation$).$

Annual depreciation attributable to the project is $$60,000.$ The marginal tax rate is $34\%.$

Part $1$

What is NOPAT $+$ depreciation in each year of operation?

$0+$ decimals