Ulta Beauty is looking to expand its operations by 10% of the firm's net property, plant, and equipment.Calculate this amount by taking 10% of the property, plant, and equipment. ($1,205,524)

The estimated live of this new property, plant, and equipment will be 12 years. The salvage value of the equipment will be 5% of the property, plant and equipment's cost. The annual EBIT for this new project will be 18% of the project's cost. The company will use the straight line method to depreciate this equipment. Also, assume that there will be no increase in net working capital each year. Use 35% as the tax rate.

The hurddle rate for this project will be the WACC= 9.15%.

*Please show the amount of property, plant, and equipment and the annual depreciation.

*Show the calculations that convert the EBIT to free cash flow for the 12 years of the project

* Following Capital Budget

-NPV, Internal Rate of Return, Discounted Payback Period

Does the results above include a recommendation for acceptance or rejection ?