The Best Manufacturing Company is considering a new investment. Financial projections for the investment are tabulated here. The corporate tax rate is 40 percent. Assume ali 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 0 Year 1 Year 2 Year 3 Year 4 Investment 42.000 Sales revenue $21.500 $ 22.000 22.500 $ 19,500 Operating costs 4,500 4,600 4,700 3,900 Depreciation 10.500 10.500 10.500 10.500 Net working capital spending 480 530 580 480 2 a. Compute the incremental net income of the investment for each year (Do not round Intermediate calculations.) Year 1 Year 2 Year 3 Year 4 Sales revenue Operating costs Depreciation Net working capital spending $21500 $ $ $ 19,500 4500 4.600 4700 3,900 10.500 10,500 90,500 10,500 480 530 580 480 o. Compute the incremental net income of the investment for each year. (Do not found Intermediate calculations.) Yea1 5 Year 2 $ Year $ Year 4 $ Net Income b. Compute the incremental cash flows of the investment for each year (Do not round Intermediate calculations. Negative amounts should be indicated by a massion) Year Year Year 2 Cash flow S Yeu Year c. Suppose the conte discount rate is 12 percent What the NPV of the project Do not round intermediate Calculations and round your finalen wel to 2 decimal bicol. leg. 32.16 NPY & Poor