Trested to Checkpoint 121) (Calculating operating cash flows) Assume that a new project will annually generate revenues of $2 200,000 and cash expenses (including both fixed and variable costs) of $1,100,000 while increasing depreciation by $250,000 per year. In addition, the firm's tax rate is 29 percent. Calculate the operating cash flows for the new project The firm's operating cash flows are s (Round to the nearest dollar) (Calculating operating cash flows) The Heritage Farm Implement Company is considering an investment that is expected to generate revenues of $3,400,000 per year The project will also involve annual cash expenses (including both fixed and variable costs) of $1.050,000 while increasing depreciation by $380,000 per year If the firm's tax rate is 29 percent, what is the project's estimated net operating profit after taxes? What is the project's annual operating cash flow? At a tax rate of 29% the project's estimated net operating profit after taxes (NOPAT) $ (Round to the nearest dollar Related to Checkpoint 12.1) (Calculating changes in net operating working capital) Tetious Dimensions is introducing a new product and has an expected change in net operating income of $790,000 Tetious Dimensions has a 31 percent marginal tax rate this project will also produce $185.000 of depreciation per yeat In addition, this project will cause the following changes in year 1 Without the Project With the Project Accounts receivable $53,000 586,000 Inventory 94 000 183,000 Accounts payable 69.000 125,000 (Click on the icon in order to copy its contents into a spreadsheet) What is the project's free cash flow in year 12 The tree cash flow of the project in year 1 is $ (Round to the nearest dollar