Vanguard solar system is building a new manufacturing facility to be used for the production of solar panels. Vanguard uses an MARR of 15% and an MACRS depreciation on its assets and is in the 35% tax bracket. The building will cost 2.75 million, and equipment, 3 year property, will cost 1.55 million plus installation cost of 135000. operation and maintenance costs are expected to be 1.3 million the first year increasing 6% annually. If the facility opens in the month of March and cells are shown, determine the present worth of the after-tax cash flows for the first 5 years of operation.

year. sales 1. 2100000 2. 3200000 3. 3800000 4 4500000 5. 5300000