eBook H Problem Walk-Through New Project Analysis The Campbell Company is considering adding a robotic paint sprayer to its production line. The sprayer's base price is $1,120,000, and it would cost another $23,500 to install it. The machine falls into the MACRS 3-year class (the applicable MACRS depreciation rates are 33.33%, 44.45%, 14.81%, and 7.41%), and it would be sold after 3 years for $646,000. The machine would require an increase in net working capital (inventory) of $19,500. The sprayer would not change revenues, but it is expected to save the form $418,000 per year in before-tax operating costs, mainly labor. Campbell's marginal tax rate is 35% Cash outflows, any should be indicated by a minus sign. Do not round untermediate calculations. Round your answers to the nearest dollar a. What is the Year Onet cash flow? b. What are the net operating cash flows in Years 1, 2, and 3? Year 1: $ Year 2: $ Years c. What is the additional Year 3 cash flow (le, the after-tax savage and the return of working capital? d. If the project's cost of capital is 10%, what is the NPV of the project? Should the machine be purchased? Check My Work (3 remaining