You are in charge of evaluating a new project proposal. The project requires an initial investment of $10,000,000, which can be depreciated straight-line over 5 years, which is the length of the project. Unfortunately, due to wear and year, it will not be able to resell after the project has concluded. The project will also have working capital requirements of 15% of the following years sales. The first years sales will be $18,000,000, and increase at 5% each year. Variable costs will be 60% of the years sales. SG&A will start at $500,000 in year 1 and increase by $20,000 each year. The tax rate for the firm is 21%, and the project discount rate is 12.5%. Produce a worksheet showing the cash flows of the project. Find the NPV, IRR and Profitability Index of the project. (25 points)