Your firm is considering undertaking a project which requires an initial cash outlay of $750,000 and a $125,000 increase in working capital. The product will sell for $30 per unit. Anticipated demand is 10,000 units for the first year increasing to 15,000 units for the remaining 3 years of the project. Annual fixed costs are $12,000 and variable costs are 40% of sales. Interest expenses are $9,639.32 per year. Assume straight-line depreciation, a $250,000 salvage value, and a 35% tax rate. 1. Set up the statement of cash flows and calculate the cash flow from operations each year