You are considering an investment project that will last for 3 years. Project details are as follows: The project will generate revenues of $160,000 and expenses of $105,000 each year. The project will require initial investment of a new equipment valued at $65,000. This equipment will be depreciated to $5,000 using the straight-line method over a three-year life. You will sell the equipment for $3,000 when the project ends. The firm's net working capital will have to rise to $20,000 from the current level of $10,000 immediately. It will remain the same in year 1, go down to $15,000 in year 2, and then return to its original level of $10,000 in year 3. You will transfer one manager already working for you to the project. Her annual salary is $30,000. Even if you do not undertake this project, you would still hire her for other projects. You also plan to hire a new manager at the same salary ($30,000 per year) if you undertake this project. Your marginal tax rate is 30%. a) Tabulate revenue, all costs including depreciation and then compute EBIT, tax, and net for years 0, 1, 2, and 3; (8 points) b) Compute the cashflow from assets (also known as free cash flow) for years 0, 1, 2, and 3; (8 points) c) Decide whether or not to accept the project by computing NPV based on a discount rate of 10%. (4 points) c