What are the cash flows for year 1 through year 4

2 following year. The product requires an immediate investment of $54,000 in plant and equipment. Required: a. What is the initial investment in the product? Remember working capital. b. If the plant and equipment are depreciated over 4 years to a salvage value of zero using straight-line depreciation, and the firm's tax 50 rate is 20%, what are the project cash flows in each year? Assume the plant and equipment are worthless at the end of 4 years. points c. If the opportunity cost of capital is 10%, what is the project's NPV? d. What is project IRR? x Answer is not complete. Complete this question by entering your answers in the tabs below. Reg A Reg B Req C and D If the plant and equipment are depreciated over 4 years to a salvage value of zero using straight-line depreciation, and the firm's tax rate is 20%, what are the project cash flows in each year? Assume the plant and equipment are worthless at the end of 4 years. (Do not round intermediate calculations.) Year Cash Flow 1 N 3 4