Your corporation is considering investing in a new product line. The annual revenues $($sales$)$ for the new product line are expected to be $$164,226\mathrm{.}00$ with variable costs equal to $50\%$ of these sales. In addition annual fixed costs associated with this new product line are expected to be $$57,491\mathrm{.}00.$ The old equipment currently has no market value. The new equipment cost $$82,123\mathrm{.}00.$ The new equipment will be depreciated to zero using straight$-$line depreciation for the three$-$year life of the project. At the end of the project the equipment is expected to have a salvage value of $$14,924\mathrm{.}00.$ An increase in net working capital of $$57,466\mathrm{.}00$ is also required for the life of the project. The corporation has a beta of $1\mathrm{.}662,$ a tax rate of $34\mathrm{.}89\%,$ and a target capital structure consisting of $51\mathrm{.}13\%$ equity and $48\mathrm{.}87\%$ debt. Treasury securities have a yield of $1\mathrm{.}55\%$ and the expected return on the market is $7\mathrm{.}00\%.$ In addition, the company currently has outstanding bonds that have a yield to maturity of $8\mathrm{.}34\%.$

For answers that are dollar amounts, please round to the nearest two decimal places. For answers that are a percentage, please be sure to enter your answer as a percentage $($for example, $\mathrm{.}1234$ becomes $12\mathrm{.}34\%).$

What is the total initial cash outflow? $($show as negative number$)$: $

What are the estimated annual operating cash flows? $

What is the terminal cash flow? $