Suppose that Calloway golf would like to capitalize on Phil Michelson winning the Open Championship in 2013 by releasing a new putter. The new product will require new equipment for $418,811.00 that will be depreciated using the 5-year MACRS schedule. The project will run for 2 years with the following forecasted numbers: Putter price Units sold COGS Selling and Administrative Putter price Year 1 Units sold $60.35 19,928.00 COGS Selling and Administrative 42.00% of sales 19.00% of sales Answer format: Currency: Round to: 2 decimal places. What is the NPV of the project? Submit Calloway has a 13.00% cost of capital and a 39.00% tax rate. The firm expects to sell the equipment after 2 years for a NSV of $157,342.00. What is the project cash flow for year 2? (include the terminal cash flow here) Year 2 $60.35 Suppose that Calloway golf would like to capitalize on Phil Michelson winning the Open Championship in 2013 by releasing a new putter. The new product will require new equipment for $418,811.00 that will be depreciated using the 5-year MACRS schedule. The project will run for 2 years with the following forecasted numbers: Year 1 10,110.00 $60.35 19,928.00 42.00% of sales 19.00% of sales 42.00% of sales 19.00% of sales Year 2 $60.35 10,110.00 42.00% of sales 19.00% of sales Calloway has a 13.00% cost of capital and a 39.00% tax rate. The firm expects to sell the equipment after 2 years for a NSV of $157,342.00. A Attems