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You have been asked by the president of your company to evaluate the proposed acquisition of a new specialpurpose truck for $60,000. The truck falls

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You have been asked by the president of your company to evaluate the proposed acquisition of a new specialpurpose truck for $60,000. The truck falls into the MACRS 3year class, and it will be sold after three years for $19,800. Use of the truck will require an increase in NWC (spare parts inventory) of$1,800_ The truck will have no effect on revenues, but it is expected to save the rm $20,400 per year in beforetax operating costs, mainly labor. The rm's marginal tax rate is 34 percent. What will the cash flows for this project be? {Negative amounts should be indicated by a minus sign. Round your answers to 2 decimal places.] Year 0 1 2 FCF $ $ $ 22,529.50 You are evaluating a project for The Ultimate recreational tennis racket, guaranteed to correct that wimpy backhand. You estimate the sales price of The Ultimate to be $360 per unit and sales I.lolume to be 1,000 units in year 1; 1250 units in year 2; and 1,325 units in year 3. The project has a 37year life. Variable costs amount to $205 per unit and xed costs are $100,000 per year. The project requires an initial investment of $153,000 in assets, which will be depreciated straight-line to zero over the 3year project life. The actual market value of these assets at the end of year 3 is expected to be $31,000. NWC requirements at the beginning of each year will be approxrmately 20 percent of the projected sales during the coming year. The tax rate is 39 percent and the required return on the project is 12 percent. (Use SL depreciation table) What will the cash flows for this project be? (Negative amounts should be indicated by a minus sign. Do not round intermediate calculations. Round your final answers to 2 decimal places.) Year 0 _| M Total cash flowr $ 225000 $ $ 71677.50 9-)

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