Required information A potential investment requires an initial cash outlay of $425,000 and has a useful life of 5 years. Annual cash sales from the investment are expected to be $225,225 and annual cash operating expenses are expected to be $88,725. There is no expected salvage value, but working capital of $65,000 will be required at the start of the investment and returned at the end. The company uses straight-line depreciation for all assets. The company has a before-tax discount rate of 17%, an after-tax discount rate of 14%, and a tax rate of 30%, Required: 1. Assume the company wants to consider this investment before-tax. (Round dollar amounts to the nearest whole dollar and IRR to one decimal place (.e..055 -5.5%). Enter negative amounts with a minus sign.) Calculate the before-tax annual PMT of the investment Calculate the before-tax FV of the investment Calculate the before-tax NPV of the investment Calculate the before-tax IRR of the investment 2. Assume the company wants to consider this investment after-tax. (Round dollar amounts to the nearest whole dollar and IRR to one decimal place (...055 = 5,5%). Enter negative amounts with a minus sign) Calculate the after-tax annual PMT of the investment Calculate the after-tax FV of the investment Calculate the after-tax NPV of the investment Calculate the after-tax IRR of the investment