You are evaluating a new project for your company FINSOFT, Inc., which has developed a new financial software. The project requires an initial investment of $$504,000$ in fixed assets which are to be depreciated straight$-$line to zero over the $3-$year project life. At the end of year $3,$ all fixed assets are sold for an estimated resale value of $ $126,000.$ Net Working Capital requirements at the beginning of each year equal $10\%$ of the projected sales during the following year. Projected sales from the new software are $$600,000$ in year $1,$ $$720,000$ in year $2,$ and $$840,000$ in year $3.$ The variable costs amount to $50\%$ of projected sales and fixed costs are $ $72,000$ per year. The tax rate is $20\%.$Hints: Change in NWC at t$=0$ equals $10\%$ of the projected sales at t$=1.$ It is an outflow.$$Change in Fixed Assets at t$=3$ equals the resale value minus the tax on the capital gain. It is an inflow.Question $1$: Operating Cash Flow at t$=1($Year $1)$ is$$Question $2$: Operating Cash Flow at t$=2($Year $2)$ is$$Question $3$: Operating Cash Flow at t$=3($Year $3)$ is$$Question $4$: Change in NWC at t$=0$ is$$Question $5$: Change in NWC at t$=1($Year $1)$ is$$Question $6$: Change in NWC at t$=3($Year $1)$ is$$Question $7$: Change in Fixed Assets at t $=0($initial investment$)$ is$$Question $8$: Change in Fixed Assets at t $=3($Year $3)$ is