You are a financial analyst working for Little Black Dress, Inc. It is your job to run the data on a potential new production line designed to make little olive green dresses. The new line will last for five years and cost $3million. It will be depreciated straight-line to zero at the end of its five-year life. It can then be sold for scrap value, at 15% of its original cost. Marketing believes that the new production line can generate $2million in annual sales, with fixed costs of $600,000 annually. Tax rate =21%. The required rate of return on any LBD project is 16%. What are the relevant TOTAL cash flows for each year that the production line is in use?

Show work