fou must evaluate the purchase of a proposed spectrometer for the R8D department. The purchase price of the spectrometer including modifications is $180,000, and the equipment will be fully depreciated at the time of purchase. The equipment would be sold after 3 years for $64,000. The equipment would require a $12,000 increase in net operating working capltal (spare parts inventory). The project would have no effect on revenues, but it should save the firm $22,000 per year in before-tax labor costs. The firm's marginal federalplus-state tax rate is 25%. a. What is the initial invostment outiay for the spectrometer, that is, what is the Year 0 project cash flow? Enter your answer as a positive value. Round your answer to the nearest dollar. 5 b. Whot are the brolect's annual cash flows in Years 1,2 , and 3 ? Do not round intermediate caiculations. Round your answers to the nearest dollar. Year 1:4 Year 2: $ Year 3:4 c. If the Wacc, is 13\%, should the spectrometer be purchased