I have toi draw a time line and am not sure where to begfin so if anyone can help walk me through this it wouldbe so helpful. i don't want just the answer i need to know how to do it. thanks. this is the question.Draw a time line that shows when the net cash inflows and outflows will occur, and explain how the time line can be used to help structure the analysis.I am also copy and paste the par. with this...Afterseeing Snapple’s success with noncola soft drinks and learningof Coke’s and Pepsi’s interest, Allied Food Products hasdecided to consider an expansion of its own in the fruit juicebusiness. The product being considered is fresh lemon juice.Assume that you were recently hired as assistant to the directorof capital budgeting, and you must evaluate the newproject.The lemon juice would be produced in an unused buildingadjacent to Allied’s Fort Myers plant; Allied owns thebuilding, which is fully depreciated. The required equipmentwould cost $200,000, plus an additional $40,000 forshipping and installation. In addition, inventories would riseby $25,000, while accounts payable would go up by $5,000.All of these costs would be incurred at t  0. By a specialruling, the machinery could be depreciated under theMACRS system as 3-year property. The applicable depreciationrates are 33%, 45%, 15%, and 7%.The project is expected to operate for 4 years, at whichtime it will be terminated. The cash inflows are assumed tobegin 1 year after the project is undertaken, or at t  1, and tocontinue out to t  4. At the end of the project’s life (t  4),the equipment is expected to have a salvage value of $25,000.Unit sales are expected to total 100,000 cans per year, andthe expected sales price is $2.00 per can. Cash operating costsfor the project (total operating costs less depreciation) areexpected to total 60 percent of dollar sales. Allied’s tax rate is40 percent, and its weighted average cost of capital is 10 percent.Tentatively, the lemon juice project is assumed to be ofequal risk to Allied’s other assets.You have been asked to evaluate the projects and to makea recommendation as to whether it should be accepted or rejected.To guide you in your analysis, your boss gave you thefollowing set of questions.