The firm is considering expanding into a new product line of solar-powered widgets. The project manager estimates that the firm will sell 110,000 solar-powered widgets per year for the next 10 years and that the widgets will sell for $85 each. The firms WACC is 12%. Use the following data to answer the questions:

Variable Costs	$35 each
Annual Fixed Costs	$1,500,000
Initial Robot Cost	$10,000,000
Robot Depreciation	straight-line method for 10 years, no residual value, no sale of the robots at the end of 10 years
Change in net working capital	One-time $250,000 initial investment in inventory to be recovered at the end of the project in 10 years
Marginal tax rate	25%

Round answer to two decimals $12.34 or 12.34%

What are the initial cash flows at time 0?

What are the interim cash flows years 1 - 9?

What are the terminal cash flows in year 10?

What is the NPV of the project?

What is the project IRR?

What is the profitability index PI

Do you accept this project? Yes / No

Please show work and please show numbers in traditional xxx,xxx,xxx numerical format.