$\backslash$table$[[,$Project Year$],[,1,2,$dots,$9,10],[$Sales revenue,$32\mathrm{.}000,32\mathrm{.}000,,32\mathrm{.}000,32\mathrm{.}000],[-$ Cost of goods sold,$19\mathrm{.}200,19\mathrm{.}200,,19\mathrm{.}200,19\mathrm{.}200],[=$ Gross profit,$12\mathrm{.}800,12\mathrm{.}800,,12\mathrm{.}800,12\mathrm{.}800],[-$ General, sales, and administrative expenses,$2\mathrm{.}160,2\mathrm{.}160,,2\mathrm{.}160,2\mathrm{.}160],[-$ Depreciation,$2\mathrm{.}700,2\mathrm{.}700,,2\mathrm{.}700,2\mathrm{.}700],[=$ Net operating income,$7\mathrm{.}940,7\mathrm{.}940,,7\mathrm{.}940,7\mathrm{.}940],[-$ Income tax,$1\mathrm{.}985,1\mathrm{.}985,,1\mathrm{.}985,1\mathrm{.}985],[=$ Net Income,$5\mathrm{.}955,5\mathrm{.}955,,5\mathrm{.}955,5\mathrm{.}955]]$

halcyon days in finance class and realize there is more work to be done! accepted. Finally, you know that accounting earnings are not the right thing to focus on$!$

a$.$ Given the available information, what are the free cash flows in years $0$ through $10$ that should be used to evaluate the proposed project?

b$.$ If the cost of capital for this project is $14\%,$ what is your estimate of the value of the new project?

a$.$ Given the available information, what are the free cash flows in years $0$ through $10$ that should be used to evaluate the proposed project?