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Crossroad Corporation is trying to decide whether to invest to automate a production line. If the project is accepted, labor costs will decrease by $482,000

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Crossroad Corporation is trying to decide whether to invest to automate a production line. If the project is accepted, labor costs will decrease by $482,000 per year. However, other cash operating expenses will increase by $170,000 per year. The equipment will cost $378,000 and is depreciable over 7 years using simplified straight line to a zero salvage value. Crossroad will invest $46,000 in net working capital at installation. The firm has a marginal tax rate of 34%. Calculate the firm's annual cash flows associated with the new project. Set your calculator to 4 decimal places and round to a whole number at the end. Do not enter the dollar sign. For example, if your answer is 1,000 , enter it as 1000. A $76,000 machine with a 7-year class life was purchased 3 years ago. The machine will now be sold for $26,000 and replaced with a new machine costing $57,000, with a 5 -year class life. The new machine will not increase sales, but will decrease operating costs by $16,000 per year. Simplified straight line depreciation is employed for both machines, and the marginal corporate tax rate is 34 percent. What is the initial outlay for the project? NOTE - ALTHOUGH THE INITIAL OUTLAY IS NEGATIVE, PLEASE ENTER YOUR ANSWER AS A POSITIVE SIGN. IN OTHER WORDS, IF YOUR ANSWER IS - 10,000, ENTER IT AS 10,000. DO NOT ENTER THE DOLLAR SIGN. A $51,000 machine with a 8 -year class life was purchased 2 years ago. The machine will now be sold for $50,000 and replaced with a new machine costing $80,000, with a 10 -year class life. The new machine will not increase sales, but will decrease operating costs by $17,000 per year. Simplified straight line depreciation is employed for both machines, and the marginal corporate tax rate is 34 percent. What is the incremental annual cash flow associated with the project

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