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Show your work Use the following to answer questions 31-33. . Over the past six months, Seven Flags conducted a marketing study on how to

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Use the following to answer questions 31-33. . Over the past six months, Seven Flags conducted a marketing study on how to park experience. The study cost $3 million and the results suggested that kids' only roller coaster The equipment for the new roller coaster will cost $30 million install improve their ags add a S5 million to he equipment will be depreciated st and sold for that amount in 20 years. The marketing team at Seven Flags expects attendance at the park to increase by isiOS per year. The average visitor pays $40 per ticket. The operating cost Wi e will go up by $600,000 per year for the increased visitors. The company will increase net working cap This working capital will be liquidated at the end of tl The marginal tax rate is 40%. The cost of capital is 12.00%. ital by $200.000 at the beginning of the project. e project 31. Based on this information, the initial net cash flow of the project (i.e. CHO) is S a. -34,400,000 b. 34,800,000 c -35,200,000 d. -35,600,000 e. -37,000,000 32. Based on this information, the project's total cash flow in year 20 is S a. 11,080,000 b. 11,150,000 c. 11,220,000 d. 11,290,000 11,360,000 53 Bascdon otis odotion the prjete's NPV is S b. 2,939,340.94 4,201,689.48 d. 6,547,312.72 e. 8.586,240.32

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