Tablot Industries is considering a new capital budgeting project that will last for three years. Initial investment outlay for project equipment is expected to be $100,000. The equipment will be straight-line depreciated down to zero book value over the three year period. The expected market value of project assets is forecasted to be $50,000 when the project is liquidated at the end of the third year. Project will require $7,000 NWC investments in years 1 and 2. The project does not require any investment in fixed assets during years 1 and 3, but a $10,000 invetsment is projected in year 2. Tablot's cost of capital is 12% and the project does not have a distinct risk profile Tablot'stax rate is 35%. Based on extensive research, analysts have prepared the following incremental revenues and before tax costs: