Sunshine Smoothies Company (SSC) manufactures and distributes smoothies. SSC is considering the development of a new line of high-protein energy smoothies. SSC's CFO has collected the following information regarding the proposed project, which is expected to last 10 years: The project can be operated at the company's Charleston plant, which is currently vacant. The product development team has spent $450,000 over four years developing this line of high-protein energy smoothies. The project will require that the company spend $6.25 million today (t = 0) to purchase additional equipment. This equipment is depreciated a accelerated depreciation schedule at the rate of 20% in year 1, 25% in year 2, 15% in year 3, 10% for each of the following four years. The company plans to use the equipment for all 10 years of the project. At t = 10 (which is the project's last year of operation), the equipment is expected to be sold for $1,025,000 before taxes. The project will require an increase in net operating working capital of $850,000 at t = 0. This working capital will be partially funded by Accounts Payable of $350,000. Accounts Receivable will be $250,000 starting in year 3 and will continue to increase by 10% a year until the end of the project. Expected high-protein energy smoothie sales are as follows: Year 1 $1,500,000 Year 2 $2,250,000 Year 3 $3,750,000 Years 4-8 +15%