You are evaluating a project for The Uitimate recreational tennis racket, guaranteed to correct that wimpy backhand. You estimate the sales price of The Uitimate to be $310 per unlt and sales volume to be 1,000 units in year 1;1,250 units in year 2; and 1,325 inits in year 3 . The project has a 3 year tife. Variable costs amount to $180 per unit and fixed costs are $100,000 per year, The project requires an intial investment of $138,000 in assets, which can be depreciated using bonus depreclation. The actual matket value of these assets at the end of year 3 is expected to be $26.000. NWC requirements at the beginning of each year will be approximately 25 percent of the projected sales during the coming year. The tax rate is 21 percent and the required return on the project is 11 percent. (Use Sl depreclation bible) What wit the cash flows for this project be? Note: Negative omounts should be indicoted by o minus sign. Round your answers to 2 decimol places. You are evaluating a project for The Uitimate recreational tennis racket, guaranteed to correct that wimpy backhand. You estimate the sales price of The Uitimate to be $310 per unlt and sales volume to be 1,000 units in year 1;1,250 units in year 2; and 1,325 inits in year 3 . The project has a 3 year tife. Variable costs amount to $180 per unit and fixed costs are $100,000 per year, The project requires an intial investment of $138,000 in assets, which can be depreciated using bonus depreclation. The actual matket value of these assets at the end of year 3 is expected to be $26.000. NWC requirements at the beginning of each year will be approximately 25 percent of the projected sales during the coming year. The tax rate is 21 percent and the required return on the project is 11 percent. (Use Sl depreclation bible) What wit the cash flows for this project be? Note: Negative omounts should be indicoted by o minus sign. Round your answers to 2 decimol places