Wakanda Ltd is proposing the construction of a new plant for a new product. The company has recently completed a $300,000, two-year feasibility study on this project which provided a favourable result. It estimated that 30,000 units of its new product could be sold annually over the next ten years at a price of $10,000 each. The cost of goods sold is expected to be 50% of total sales per year and fixed costs are estimated to be $90,000,000 per year. Wakanda Ltd needs to build new facilities costing $100,000,000 and the company will spend $30,000,000 buying a suitable piece of land to build the plant. The $100,000,000 facility will be depreciated on a straightline basis to zero salvage value over the ten-year life of the project. At the conclusion of the project the company expects to sell the facilities for an estimated value of $10,000,000. Land value is expected to remain stable over the life of the project. So, the company believes it will be able to sell the land at the purchase price. The project will initially require an increase in net working capital of $2,000,000 that will be recovered at the end of the project. Assume all