You are considering setting up a new business with a couple of friends from UQ. Your business aims to write an app to make studying FINM2401 obsolete. Your research, which cost $10,000, has provided the following data . The total set-up cost is $30,000 which includes the $20,000 purchase of several powerful computers. The remaining amount goes to pay for special software and subscriptions. . For tax purposes, all the computers are required to be fully depreciated straight-line over the next five years. You want to close the business at the end of year 4. At that time, you expect to sell the computers for $5,000 . . Rent, electricity, advertising, wages, and other expenses are $20,000 a year. Also, you will give up your current job as a junior analyst at Goldman Goose Bank, which pays $60,000 per year The revenue will come from subscriptions. You estimate that the annual number of users is constant at 1000 for the next four years with the average monthly gross profit of $10 per user The business is in the 30% tax bracket, and has a cost of capital of 18% per annum. . . . What are the annual Free Cash Flows for the business? A. B.What is the NPV of this project? Should you give up your job and invest in (16 marks) this business? (6 marks)