Columbus Company Is Considering a Project That Requires an Initial

Columbus Company is considering a project that requires an initial investment of $400,000. Its incremental cash flows are expected to be $150,000 per year for 5 years. The project would be depreciated on a straight-line basis over 5 years with no expected salvage value. The company has a stated policy that all projects must return their required investment dollars within the first 75% of the project's life. The company is subject to a 40% income tax rate, and its cost of capital is 10%. (PV of $1and PVA of $1) (Use appropriate factor(s) from the tables provided.)Required:Compute the project's after-tax net cash flows (NCF) by completing the following table: