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Kauai Tools Inc. is planning to invest in new manufacturing equipment to make a new garden tool. The new garden tool is expected to generate additional annual sale 9,300 units at $50 each. The new manufacturing equipment will cost $191,400 and is expected to have a 10 -year life and a $14,700 residual value, 5 elling expenses related to the new product are expected to be 4% of sales revenue. The cost to manufacture the product includes the following on a per-unit basis: Determine the net cash flows for the first year of the project, Years 2-9, and for the last year of the project. Use the minus sign to indicate cash outflows. Do not rou your intermediate calculations but, if required, round your final answers to the nearest dollar. 2 more Check My Work uses remaining Determine the net cash flows for the first year of the project, Years 2-9, and for the last year of the project. Use the minus sign to indicate cash outflows. Do not round your intermediate calculations but, if required, round your final answers to the nearest dollar. Kaual Tools Ine. Net Cash Flows reethex TChear Wy Wok For Year 1, subtract the amount to be invested from the operating cash flows (annual revenues less selling expenses less cont to manufacture), For Years 2 -10, subtract the selling expenses and the costs to manufocture from the annual revenues, For Year 10 only, add the resldual value

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