CSM Machine Shop is considering a four-year project to improve its production efficiency. Buying a new machine press for $486,000 is estimated to result in $185,000 in annual pretax cost savings. The press falls in the MACRS five-year class (MACRS Table), and it will have a salvage value at the end of the project of $55,500. The press also requires an initial investment in spare parts inventory of $21,100, along with an additional $3,100 in inventory for each succeeding year of the project. The shop's tax rate is 35 percent and its discount rate 11 percent. Calculate the depreciation for each year of the project. (Do not round intermediate calculations and round your answers to the nearest whole number, e.g-, 32.) Depreciation Year 1 $ Year 2 Vaar 3 Year 4 Calculate the aftertax salvage value for the equipment at the end of the project. (Do not round intermediate calculations and round your answer the nearest whole number, e.g., 32.) Aftertax salvage value Calculate the operating cash flow for each year of the project. (Do not round intermediate calculations and round your answers to the nearest whole number, e.g., 32.) OCF Year 1 Year 2 Year 3 Year 4 Calculate the NPV. (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Net present value