Problem 12-13 Economic income Consider the following project: 0 -115 1 0 Period 2 80.55 Net cash flow 3 93.90 The internal rate of return is 18%. The NPV, assuming a 18% opportunity cost of capital, is exactly zero. Calculate the expected economic income and economic depreciation in each year. (Negative answers should be indicated by a minus sign. Do not round intermediate calculations. Round your answers to 2 decimal places.) Period 2 1 3 Change in value (economic depreciation) Expected economic income Problem 12-13 Economic income Consider the following project: 0 -115 1 0 Period 2 80.55 Net cash flow 3 93.90 The internal rate of return is 18%. The NPV, assuming a 18% opportunity cost of capital, is exactly zero. Calculate the expected economic income and economic depreciation in each year. (Negative answers should be indicated by a minus sign. Do not round intermediate calculations. Round your answers to 2 decimal places.) Period 2 1 3 Change in value (economic depreciation) Expected economic income