Question 5 (15 points): Develop a pro forma set of income and cash flow statements for a wind energy plant with the following parameters, and calculate the plant's NPV, IRR and LCOE: Overnight capital costs are $1.2 million, all incurred in Year O. There is no land acquisition cost assumed here. The plant has a salvage value of $200,000 at the end of the plant's life Annual revenues from spot market sales are $400,000 starting in year 1. Annual operating costs are $30,000. The plant qualifies for a 5-Year MACRS schedule (but leave off the sixth year for this problem). The plant faces a 34% tax rate There are no accounts payable or receivable, but the plant is assumed to have a cash net working capital requirement of $300,000, beginning in Year O. This working capital can be liquidated at the end of the final year of operation. The lifetime of the plant is 5 years The discount rate is 13% The plant qualifies for a production subsidy of $200,000 per year for all operating years (you can model this production subsidy as a revenue source). The plant produces 10,000 Megawatt-Hours (MWh) of electricity in each year, Years 1 through 5. (You'll need this to calculate LCOE.)