You are given the following information about a corporation. - The project will require an initial investment of $30,000 in 2019 that will be depreciated over a three-year period towards a zero-salvage value using straight-line depreciation. - The sales and costs in 2020 are $30,000 and $10,000, respectively. - The firm estimates that additional earnings before depreciation, interest and taxes (EBDIT) will grow at a rate of 5% per year over the next two years. - You estimate that this new project will need net working capital equals to $2,000 at the start of the project and after that it will be calculated on the basis of 10% of EBDIT each year. - The firm faces a 15% tax rate, Calculate the project's annual free cash flow (FCF) for each year (2019, 2020,2021 and 2022). Note: Use formulas to explain your answers and numbers