You are evaluating a project for The Dogs, that involves the purchase of a new dog biscult making machine. The project has a three year life and you estimate has a three year life and you estimate the project will increase revenues by $160,000 and wilt incresse costs by $26,000 each yeat, The project requires an initial investment of $120,000 which is depreclated on a straight-line basis to zero over the 3 year project life. The machine will be sold at the end of the project for $35,000. The initial net working capital investment required for this project is $18,000 which will be recovered of the end of the project's life. The tax rate is 25% and the required return on the project is 10%. What is the total cash flow for the project in year 3 ? Mutiple Choice $128,500 $136750 5154750 $110,500