you are working on a bid to build three city parks for the next three years. This project requires the ourchase of 180,000 of equipment that will be depreciated using straight line depreciation to a zero book value over the three year project life. The equpment can be sold at the end of the project for 115,000. You will also need to invest 18,000 in net working caital for the duration of the project. The fixed costs will be 37,000 a year and the variable costs will be 148,000 per park. Your required rate of return is 14 percent and your tax rate is 21 percent. Please show your detailed work so that the minimal amount you should bid per park is $177,649.25 What is the depreciation every year? What is the after tax salvage value of the equipment at the end of the project? What is the change in net working capital at the beginning and at the end of the project? What is the cash flow from assets at each time point? What is the estimated operating cash flow the project must generate to make the NPV equal to 0? Assume you submit the minimum price at which you are willing to build the parks and your bid is accepted. The NPV of the project is what? The IRR of the project is what? The P.I. of the project is what? You financially break even by producing how many city parks?