The Best Manufacturing Company is considering a new investment. Financial projections for the investment are tabulated here. The corporate tax rate is 25 percent. Assume all sales revenue is received in cash, all operating costs and income taxes are paid in cash, and all cash flows occur at the end of the year. All net working capital is recovered at the end of the project. Year o Year 1 Year 2 Year 3 Year 4 26,800 Investment Sales revenue $ 13,900 $ 15,500 $16.900 $13.400 Operating costs 3,150 3.225 4,700 3,300 Depreciation 6.700 6.700 6,700 6,700 Networking capital spending 325 225 275 175 ? $ a. Compute the incremental net income of the investment for each year. (Do not round Intermediate calculations.) Answer is complete but not entirely correct. Year 1 3,038 Year 2 1.144 S Year 3 -58 Year 4 -1,575 Net income IS b. Compute the incremental cash flows of the investment for each year. (Do not round Intermediate calculations. A negative amount should be Indicated by a minus slgn.) Answer is complete but not entirely correct. Year 1 Year 2 Year 3 Year 4 36,983 XS 994 94 XS -1,500 X Year o -27,125 Cash flow S s c. Suppose the appropriate discount rate is 9 percent. What is the NPV of the project? (Do not round Intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Answer is complete but not entirely correct. NPV S 6,129.69