題組內容

2.The NCCUC Company is considering a new investment. Financial projections for the investment are in the following table. The corporate tax rate is 30 percent. Assume all sales revenue is received in cash, all operating costs and income taxes are paid in cash, and all cash flows occur at the end of the year. All net working capital will be recovered at the end of the project.
6183362f57484.jpg

(1) (4%) Please show the incremental net income of the new investment for Yearl to Year 4.