Problem 12-13 Economic income Consider the following project: 0 -135 Net cash flow Period 2 82.55 1 0 3 114.96 The internal rate of return is 16%. The NPV, assuming a 16% 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 -135 Net cash flow Period 2 82.55 1 0 3 114.96 The internal rate of return is 16%. The NPV, assuming a 16% 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