Question 6 Not yet answered Marked out of 1.00 Sofi Ltd is considering to buy a copier called ABC20. The ABC20 costs $1,500 and will last for five years. The ABC20 copier will require maintenance costs of $240 at the end of each year during its economic life of five years. The ABC20 also needs an immediate net working capital investment of $230, which will be recovered at the end of five years. At the end of five years, it will have a salvage value of $600. The ABC20 copier will be fully depreciated by the straight-line method. The corporate tax rate is 35% and the appropriate discount rate is 12%. Answer the following questions 6(a) to 6(e). Note: For all the calculation questions, you are only allowed to write the numerical answer you calculated for the question, please DO NOT add $, %, dollars, million, thousand, percent, space, etc. in your answers. 6(a): What is the project's initial cash flow (i.e., Year O)? (If it is negative, please remember to add a negative sign) P Flag question Answer: Question 7 6.b) What is the free cash flow each year from Year 1 to Year 4 (the free cash flow is the same from Year 1 to Year 4)? Not yet answered Answer: Marked out of 2.00 P Flag question Question 8 6.c) What is the free cash flow in Year 5? Not yet answered Answer: Marked out of 2.00 P Flag question Question 9 6.d) What are the steps to calculate NPV of this copier? (You are not required to calculate the exact number for NPV. When describing the formula, please write a simplified version of formula in plain text, e.g. PV=CF/(1+r)^n) Not yet answered Marked out of 3.00 Flag question Question 10 6.e) What is the Net Present Value (NPV) of this copier (Round to 0 decimal places-e.g., 1539.78 should be written as 1539)? Not yet answered Answer: Marked out of 2.00 P Flag