Question 14 1 pts Laurel's Lawn Care, Ltd., has a new mower line that can generate revenues of $165,000 per year. Direct production costs are $77,500 a year. The factory originally cost $1.1 million and 1/20th of this cost is depreciated every year for the next 20 years. Calculate the operating cash flows of the project this year if the firm's tax bracket is 35%. 55,000 0 21,125 0 -1.1 million 76,125 Question 13 1 pts Sheryl's Shipping had sales last year of $20,000. The cost of goods sold was $8,500, general and administrative expenses were $3,000, interest expenses were $2,500, and depreciation was $3,000. The firm's tax rate is 40%. Assume that there was a net working capital investment of $500 (i.e., change in NWC = $500) What is the cash flow for Sheryl's Shipping? 4300 1800 4800 1300 Question 6 1 pts A famous quarterback just signed a contract providing $3.4 million a year for 4 years. The interest rate is 9%. What is the PV of the quarterback's contract? O $10 million $12 million $11.02 million O $13.6 million