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Kavai Tools Inc. is planning to invest in new manufacturing equipment to make a new...

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Accounting

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Kavai 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 saies 9,500 units at $38 each. The new manufocturing equipment will cost $154,300 and is expected to have a 10 -year lfe and a $11,800 residual value. 5 elling expenses releted to the new product are expected to be 5% 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 round your intermediate calculations but, if required, round your final answers to the nearest dollar. Kauai Tools Ine. Net Cash Flows

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