(Calculating project cash flows and NPV) The Guo Chemical Corporation is considering the purchase of a chemical analysis machine. The purchase of this machine will result in an increase in earnings before interest and taxes of $80,000 per year. The machine has a purchase price of $400,000 and it would cost an additional $5.000 after tax to install this machine correctly. In addition to operate this machine property, inventory must be increased by 520,000. This machine has a expected fe of 10 years after which time it will have no salvage value. Also, assume simplified straight-line depreciation, that this machine is being depreciated dow to zero, a 35 percent marginal tax rate and a required rate of return of 7 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 97 c. What is the terminal cash flow in yoat 10 (that is, the annual after-tax cash flow in year 10 plus any additional cash flow 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)