(Related to Checkpoint 12.1) (Calculating project cash flows and NPV) You are considering expanding your product line that cuntently consists of skatebonvds to include gas-poisered skateboards, and you foel you can sell 11,000 of these per year for 10 years (athar which time this project is expected to shut down with solar-powered sikateboards taking over). The gas $1,200,000 initial expenditure associated with the purchase of $5 for each cone produced, and annual foxed costs associated with production would be $180,000. In adidisen, there woild be a when the project is shut down. Finally, assume that the fimers marginal tax rete is 37 percent. a. What is the initial cash outlioy associaled with this peoject? b. What ace the anncal net cash flows associated with this project for years 1 through 9 ? c. What is the teminal cath fow in yoar 10 (that is, what is the free cash flow in year 10 plus any additonal cash fows associated with termination of the projecr? d. What is the projocts NPV given a tequirod tate of retum of 12 percent? a. The intial cash outlay associated with this project is (Round to the nearest doliar)