Use the following to answer questions 9 - 12:

The ABC Co. is analyzing a project that has projected sales of $189,400 and costs of $102,300. The project requires an investment in inventory of $15,000. Fixed assets of $80,000 are needed and will be depreciated using the MACRS three year class. Accounts payable will increase by $36,000. The increases in inventory and account payable will revert back to normal at the end of the projects life. An interest expense of $11,000 will be incurred annually. The project has a life of 3 years. At the end of the three years, the equipment has a salvage value of $26,000. The company requires a 10% rate of return. The tax rate is 34%.

9- What is the total cash flow in year 0?

A) -$59,000

B) -$72,000

C) -$87,000

D) -$95,000

E) -$108,000

10- What is the total cash flow in year 1?

A) $56,176

B) $61,517

C) $66,552

D) $69,574

E) $87,693

11- What is the annual cash flow in year 3?

A) $59,693

B) $61,517

C) $66,552

D) $77,603

E) $86,214

12- (2 points) What is the net present value of this project?

A) $77,603

B) $86,214

C) $92,536

D) $96,885

E) $103,848

Can I pls have step-to-step solutions for each question.