Project cash flow and NPV.The managers of Classic Autos Incorporated plan to manufacture classic Thunderbirds (1957 replicas). The necessary foundry equipment will cost a total of $4 comma 300 comma 000 and will be depreciated using a five-year MACRS life, LOADING.... The sales manager has an estimate for the sale of the classic Thunderbirds. The annual sales volume will be as follows: Year one:250 Year four:360 Year two:270 Year five:320 Year three:330 If the sales price is $29 comma 000 per car, variable costs are $16 comma 000 per car, and fixed costs are $1 comma 100 comma 000 annually, what is the annual operating cash flow if the tax rate is 30%? The equipment is sold for salvage for $500 comma 000 at the end of year five. Net working capital increases by $500 comma 000 at the beginning of the project (year 0) and is reduced back to its original level in the final year. Find the internal rate of return for the project using the incremental cash flows.