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b&c please! Johnny's Lunches is considering purchasing a new, energy-efficient grill. The grill will cost $34,000 and will be depreciated straight-line over 3 years. It

b&c please!
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Johnny's Lunches is considering purchasing a new, energy-efficient grill. The grill will cost $34,000 and will be depreciated straight-line over 3 years. It will be sold for scrap metal after 5 years for $8,500. The grill will have no effect on revenues but will save Johnny's $17,000 in energy expenses. The tax rate is 30%. Required: a. What are the operating cash flows in each year? b. What are the total cash flows in each year? C. Assuming the discount rate is 11%, calculate the net present value (NPV) of the cash flow stream. Should the grill be purchased? Complete this question by entering your answers in the tabs below. Required A Required B Required c What are the total cash flows in each year? (Negative amounts should be indicated with a min intermediate calculations. Round your answers to 2 decimal places.) Time Total Cash Flows 0 1 2 3

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