Your brother founded a company that prints t-shirts. He is considering expanding his product line to hats. To do so will require purchasing new equipment. You have the following information on this investment project, what are the after-tax cash flows that it is expected to generate? (my answers are in thousands) o Cost of hat making machinery: $90,000 o Expected life of machinery: 5 years o Expected Salvage Value of hat making machinery after 5 years: $20,000 o Depreciation method: straight line o Expected sales of hats: $130,000 per year o Cost of raw material: $70,000 per year o Cost of additional labor: $30,000 per year o Additional Net Working Capital required at the start of the project: $20,000 o Tax rate: 20%. Oa, -110 110 -110 103 Oe.-90.0 27.6 9.6 27.6 27.6 15.9 27.6 9.6 27.6 27.6 15.9 27.6 9.6 27.6 27.6 15.9 27.6 9.6 27.6 27.6 15.9 63.6 43.6 43.6 63.6 72.2 . d