You are the owner of a small business. An opportunity to expand into a new market niche arose. It requires an initial equipment investment of $300,000. You will finance the entire amount with a 5-year payback at 8% interest rate. (INCOME STATEMENT and CASH FLOW are priority) Please answer all.

Depreciation will follow MACRS-3

Sales projections look very promising as shown below:

$259,000 in first years projected sales

Sales growth is expected to increase by 35% over the previous years sales

COGS is expected to be 50% of that years sales

Business ordinary tax rate is 29%

Develop the following:

-Loan amortization table

-Depreciation table

-Income Statement

-Cash Flow Statement

Based on the information provided in the statements, would you pursue the opportunity? In ~100 words, explain why or why not