Problem3: A company is considering investing in a Project to produce new prodact It will have to invest S300,000 for land, $600,000 working capitl at the beginning of year 1. It is expected that the project will result in sales of $800,000.00 per year for 10 years, starting at the end of year 1 At the end of 10 years, the land can be sold for $380,000.00, the building for $300,00000, and the equipment for $50 000 00 The annual expenses for labor, materials, and all other items are estimated to total $480,00000 starting at the end of year 1 00 for building. $250.000.00 for equipment and $100,000 for a) Draw the cash flow of this project I f the prevailing interest rates are 12%, b) What is the present value of the project" Is the project a good investmen e) What is the Annual, AW of this project? d) What is the Future Worth, FW, of this project at the end of 10 sear peiod e) How much would annual revenues have to become to make the proibe Value? What is the IRR of the Puc