You are analyzing a proposed $4-$year project. You expect annual sales, variable cost and fixed cost to be $93,750,18,750,$ and $10,000,$ respectively. The initial cash outlay for fixed assets will be $$180,000.$ These assets will be depreciated using straight$-$line depreciation to a zero book value over the life of the project. The assets will be worthless at the end of the project. The project requires an initial investment in net working capital of $$20,000$ which will be recovered in full at the end of the project$$s life. The tax rate is $35$ percent and the cost of capital is $10\%\mathrm{.}38.$ What is the initial investment?What is the OCF in years $1,2,$ and $3?$What is NPV of the project?