A new machine's price is $50,000 plus additional $10,000 for shipping and installation. The machine falls into the MACRS three year class, and hence the tax depreciation allowances are .33, .45 and .15 in Years 1,2 and 3 respectively. The machine will be sold at the end of tree years for $20,000. the machine will have no effect on revenue, but will save $20,000 per year in before-tax operating costs. The firm's tax rate is 40% and its appropriate cost of capital is 10%, What is the project's operating cash flows in Years 1,2 and 3? possible answers: $19,920, $22,800, $15,600 $20,000, $20,000, $20,000 $15,600, $22,800, $19,920 $19,920, $22,800, $35,600