Sunk costs and opportunity costsMasters Golf Products, Inc., spent 2 years and$ 1,130,000 to develop its new line of club heads to replace a line that is becoming obsolete. To begin manufacturing them, the company will have to invest $1,770,000 in new equipment. The new clubs are expected to generate an increase in operating cash inflows of $753,000per year for the next 14 years. The company has determined that the existing line could be sold to a competitor for $249,000. (Note: Assume that all of these numbers are net of taxes.)

c. What are all the relevant cash flows for years 0 thru

14?