Revenues generated by a new fad product are forecast as follows: Expenses are expected to be 40% of revenues, and working capital required in each year is expected to be to\% of revenues in the following yeat. The product requires an immediate investment of $53.000 in plant and equipment. Required: a. What is the inival investment in the product? Remember working capital, b. If the plant and ecuipment are depreciated over 4 years to a salvage value of zero using straight-line depreclation, and the firm's tax rate is 20%, what are the project cash flows in each year? c. If the opportunity cost de capital is 12%, what is project NPY? d. What is project IRR