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What will have to be the annual OCF for the project to have a NPV...

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What will have to be the annual OCF for the project to have a NPV = 0 in the following situation: A client is interested in buying 360 microwaves a year from you for 5 years. To be able to produce these microwaves, you need to invest in $790 in equipment. The equipment has a taxable life of 10 years and will be depreciated using straight line. At the end of the 5 years, the equipment can be sold for $100 (market or scrap value). The variable cost of producing the microwaves is $10 per unit and you will incur in a fixed cost of $150 a year. You have estimated you will need $40 today in working capital. The appropriate discounting rate for this type of project is 9%. The corporate tax rate applicable to you in this case is 30% For your answer, do not enter the dollar sign ($), use commas to separate thousands, and round to zero decimals (the nearest dollar). For example, if your answer is $12,068.89 then enter 12,069, if your answer is $4,000 then enter 4,000 Your

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