13 11 16 You must evaluate the purchase of a proposed octrometer for the department. The purchase price of the spectrometer including modifications is $200,000, and the equipment will be fully deprecated at the time of purchase. The equipment would be sold after 3 years for $81,000. The equipment would require an $1,000 increase in net operating working capital (spare parts inventory). The project would have no effect on revenues, but it should save the firm 61,000 per year in before tax labor costs. The firm's marginal federal-plus-state tax rate is 25% What is the initial investment outlay for the spectrometer, that is what is the Year O project cash flow enter your answer as a positive value. Round your answer to the nearest dollar b. What are the project's annual cash nows in Years 1, 2, and 3? Do not round Intermediate calculations. Round your answers to the nearest solar Year 11 Year 21 Year 3: c. If the WACC I 1996, should the spectrometer be purchased? Select