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Suppose that Calloway golf would like to capitalize on PhilMichelson winning the Open Championship in 2013 by releasing a newputter. The new product will require new equipment for $420,494.00that will be depreciated using the 5-year MACRS schedule. Theproject will run for 2 years with the following forecastednumbers:Year 1Year 2Putter price$60.65$60.65Units sold19,049.0010,768.00COGS39.00% of sales39.00% of salesSelling and Administrative19.00% of sales19.00% of salesCalloway has a 14.00% cost of capital and a 37.00% tax rate. Thefirm expects to sell the equipment after 2 years for a NSV of$166,135.00.What is the project cash flow for year 1?What is the project cash flow for year 2? (include the terminalcash flow here)What is the NPV of the project?