You are evaluating a project and currently trying to calculate the final cash flows for all periods in a project. Please calculate only the final initial cash flow for Year O. Not all information below will be used. Assume the project will conclude at the end of year 4 and NOWC will be reduced at t=4 to 0. INPUTS: PRICE: $2.00 per unit at t=0 WACC: 10.0% annually VC RATE: 70.0% of revenues Tax RATE: 25% marginal Price/Unit Inflation 3% annually Depreciation Method - 100% Bonus Depreciation Equipment Cost $215,000 Increase in inventory $5,000 (yr 0 only) Increase in Accounts payable $0 (yr O only) Salvage Value $15,000 end of year 4 or $70,000 end of year 3 Return of NWC Occurs in Yr 4 What is the initial cash flow