Smith is determining the viability of a new product line. The new product will require a $380,000 piece of equipment. Shipping and installation will cost $20,000. The equipment has a 3-year tax life, and the allowed depreciation for such property are 33%, 45%, 15%, and 7% for Years 1 through 4. Inventory will increase by $15,000, account payable will increase by $8,000 and account receivables will increase by $10,000. The product line is expected to generate annual revenue (sales) of $186,000 per year, with cost of goods sold being $56,000 per year and other costs (excluding depreciation) of $20,000 per year. The tax rate is 30 percent, annual interest expense is $11,000 per year, and the required return for this project is 12 percent. Find the initial outlay, CFO, b. Find depreciation for years 1, 2, 3, and 4. Find year 3 EBIT. d. Find the year 3 cash flow, FCF2 a C