Wright Communications is trying to estimate the first-year operating cash flow for a proposed project. The financlal staff has collected the following information: Financlal Item: \begin{tabular}{lr} Projected Sales & $22.55million \\ Expenses & $14.00million \\ Depreciation & $5.00million \\ interest Expense & $3.00million \end{tabular} Attempts The company faces a 40.00 percent tax rate. What is the prolects operating cash fiow for year 1 ? (answer in units of millions) Suppose that Caloway got would ixe to capitalize on Phil Mcheison winning the Open Champlonship in 2013 by releasing a new purter, The pew product wit requilo new equlpment for $414,218.00 that we be degrecitied ushe the 5 -year MACHS schedule. The project will run for 2 years with the followng forecasted numbers: Attempts Pertaining infinity Calloway has a 14.00% cost of capad and a 36.00% tax raite. The fmexpects to sell the equpment aher 2 yoars for a NSV of $125,001,00. What is the propect cash flow for year 2 ? anclude the terminal cash flow here) Answer format: Cumency: Alound fo: 2 decimel ploces. Suppose that Calloway golf would ike to capitake on Phil Michelson winning the Open Championship in 2013 by releasing a new putter. The new product will rocquire new equipment for 5409,905.00 that will be depreciated using the 5-year MACRS schedule. The project will run for 2 years with the following forecasted numbers: Calloway has a 14.00% cost of capital and a 40.00% tax rate, The firm expects to sell the equipment atter 2 years for a NSV of $160,951.00. What is the NPV of the project? Answer format: Currency: Pound to: 2 decimal places. Wright Communications is trying to estimate the first-year operating cash flow for a proposed project. The financlal staff has collected the following information: Financlal Item: \begin{tabular}{lr} Projected Sales & $22.55million \\ Expenses & $14.00million \\ Depreciation & $5.00million \\ interest Expense & $3.00million \end{tabular} Attempts The company faces a 40.00 percent tax rate. What is the prolects operating cash fiow for year 1 ? (answer in units of millions) Suppose that Caloway got would ixe to capitalize on Phil Mcheison winning the Open Champlonship in 2013 by releasing a new purter, The pew product wit requilo new equlpment for $414,218.00 that we be degrecitied ushe the 5 -year MACHS schedule. The project will run for 2 years with the followng forecasted numbers: Attempts Pertaining infinity Calloway has a 14.00% cost of capad and a 36.00% tax raite. The fmexpects to sell the equpment aher 2 yoars for a NSV of $125,001,00. What is the propect cash flow for year 2 ? anclude the terminal cash flow here) Answer format: Cumency: Alound fo: 2 decimel ploces. Suppose that Calloway golf would ike to capitake on Phil Michelson winning the Open Championship in 2013 by releasing a new putter. The new product will rocquire new equipment for 5409,905.00 that will be depreciated using the 5-year MACRS schedule. The project will run for 2 years with the following forecasted numbers: Calloway has a 14.00% cost of capital and a 40.00% tax rate, The firm expects to sell the equipment atter 2 years for a NSV of $160,951.00. What is the NPV of the project? Answer format: Currency: Pound to: 2 decimal places