$($Calculating project cash flows and NPV$)$ Garcia's Truckin', Inc. is considering the purchase of a new production machine for $$210,000.$ The purchase of this machine will result in an increase in earnings before interest and taxes of $$45,000$ per year. To operate this machine properly, workers would have to go through a brief training session that would cost $$4,250$ after tax. In addition, it would cost $$4,000$ after tax to install this machine correctly. Also, because this machine is extremely efficient, its purchase would necessitate an increase in inventory of $$26,000.$ This machine has an expected life of $10$ years, after which it will have no salvage value. Finally, to purchase the new machine, it appears that the firm would have to borrow $$80,000$ at $8$ percent interest from its local bank, resulting in additional interest payments of $$6,400$ per year. Assume simplified straight$-$line depreciation, that this machine is being depreciated down to zero, a $32$ percent tax rate, and a required rate of return of $8$ percent.

a$.$ What is the initial outlay associated with this project?

b$.$ What are the annual after$-$tax cash flows associated with this project for years $1$ through $9?$

c$.$ What is the terminal cash flow in year $10($that is$,$ the annual after$-$tax cash flow in year $10$ plus any additional cash flows associated with termination of the project$)?$

d$.$ Should this machine be purchased?

a$.$ The initial cash outlay associated with this project is $$.($Round to the nearest dollar.$)$

b$.$ The annual after$-$tax cash flows associated with this project for years $1$ through $9$ are $ $($Round to the nearest dollar.$)$

c$.$ The terminal cash flow in year $10($the annual after$-$tax cash flow in year $10$ plus any additional cash flow associated with termination of the project$)$ is $$.($Round to the nearest dollar.$)$

d$.$ Given the information, the machine $($Select the best choice below.$)$