Bottoms Up Diaper Service is considering the purchase of a new industrial washer. It can purchase the washer for $3,000 and sell its old washer for $800. The new washer will last for 6 years and save $600 a year in expenses. The opportunity cost of capital is 9%, and the firms tax rate is 21%.

If the firm uses straight-line depreciation over a 6-year life, what are the cash flows of the project in years 0 to 6? The new washer will have zero salvage value after 6 years, and the old washer is fully depreciated.

Note: Negative amounts should be indicated by a minus sign.

What is project NPV?

Note: Do not round intermediate calculations. Round your answer to 2 decimal places.

What is NPV if the firm investment is entitled to immediate 100% bonus depreciation?

a. Annual operating cash flow in year 0

b. Annual operating cash flow in years 1 to 6

c. NPV

d. NPV