Problem 2a Your company is evaluating a capital project with equipment costing $120,600. Shipping costs are estimated at $2000 and installation is expected to be $1300. This equipment has an expected life of 18 years and a salvage value of $1400. Revenues are expected to increase by $15,000 per year and cash operating expenses by $500 per year. An additional working capital investment of $900 is also required, and the firm's marginal tax rate is 40 percent, and its weighted average cost ofcapital is 8%. Assume simplified straight line depreciation. Okto round to nearest dollar. What is the Initial Outlay for this project? What are the Net Cash Flows per year of this project? What are the one-time, end of project Cash Flows from this project, if any? Evaluate the project using NPV