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Problem 12-13 Economic income Consider the following project: Period 0 1 2 3 -285 Net cash flow 0 97.55 331.70 The internal rate of return

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Problem 12-13 Economic income Consider the following project: Period 0 1 2 3 -285 Net cash flow 0 97.55 331.70 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 roun intermediate calculations. Round your answers to 2 decimal aces.) Period 2 3 Change in value (economic depreciation) Expected economic income

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