Stark Industries ltd. manufactures advanced weapons and military technologies. The company also produces the armour worn by Iron Man and War Machine. It builds the heli-carriers used by S.H.I.E.L.D, and the Quinjets used by the Avengers. Question No. 1 (10) The company already owns many lands and properties. The Chairman of Stark Industries, Tony Stark, wants to use one of the existing lands for new project plan (Project Endgame). According to the demand, after tax market price of the land (to be used) is BDT 1,500,000. After the termination of planned project, it can be sold for BDT 1,900,000 after tax. A team led by Dr. Mark Ruffalo has done the research, costing BDT 112,000, about the feasibility of project. According to the findings of Dr. Mark Ruffalo, the End-Game project should run for 4 years. Projected sales volume will be 3500, 4000, 4600, 4920 units in years 1-4 accordingly. Price per unit will be BDT 700. Fixed cost of the project will be BDT 433,000 per year. Variable cost will be 13% of revenue. Machineries will cost BDT 4,000,000 and will be depreciated at 33.33%, 44.45%, 14.81%, and 7.41% for years 1-4 respectively. At the end of the project, machineries can be scrapped for BDT 500,000. For business operation, net working capital requirement of BDT 150,000 will be required in first year only. Currently government corporate tax rate is 35%. Determine the projected cash flows for Project Endgame