Afixed-price incentive (firm target) (fpif) contract is awarded for $25 million to design acomputer based training course for the air force with a period of performance of 18 months. whatreports, if any, must the air force program manager (pm) require the contractor provide regardingtheir cost, schedule, and technical performance?

A4-year project has an annual operating cash flow of $59,000. at the beginning of the project, $5,000 in net working capital was required, which will be recovered at the end of the project. the firm also spent $23,900 on equipment to start the project. this equipment will have a book value of $5,260 at the end of the project, but can be sold for $6,120. the tax rate is 35 percent. what is the year 4 cash flow?