DeLuxe Furniture is thinking of buying a wood cutting machine for $200,000 that would save it $30,000 per year in production costs. The savings would be constant over the project's 3-year life. The machine is to be linearly depreciated to zero and will have no resale value after 3 years. The machine would require an additional $5,000 in net working capital. The appropriate cost of capital for this project is 11% and the company's tax rate is 35%. Part 1 Year 0 Year 1 Year 2 Year 3 Cost savings Depreciation 0 30,000 30,000 30,000 0 66,667 66,667 66,667 EBIT 0 -36,667 -36,667 -36,667 Taxes (35%) EBIT (1-t) Depreciation OCF NCS ANWC CFA Part 4 11 Attempt 1/6 for 10 pts. BAttempt 1/6 for 10 pts. What is the cash flow from assets in year 3? Hint: add the recovery of net working capital. What is the cash flow from assets in year 0? Choose the right sign. 0+ decimals Submit Part 2 What is the cash flow from assets in year 1? 0+ decimals Submit Part 3 What is the cash flow from assets in year 2? 0+ decimals Submit BAttempt 1/6 for 10 pts. 0+ decimals Submit Part 5 What is the NPV of this project? BAttempt 1/6 for 10 pts. 0+ decimals Submit Attempt 1/6 for 10 pts.