Help please

1.19 You have been asked by the president of your company to evaluate the proposed acquisition of a spectrometer for the firm's R&D department. The equipment's base price is $140,000, and it would cost another $30,000 o modify it for special use by your firm. The spectrometer, which (See Table 7A-2 at the end of this chapter for MACRS recovery allowance percentages.) Use of the equipment would require an increase in net working capital (spare parts inventory) of $8,000. The spectrometer would have no effeet o revenues, but it is expected to save the firm $$0,000 per year in before-tax operating costs, mainly labor. The fim marginal tax rate is 40 percent a. What is the initial investment outlay associated with this project? (That is, what is the Year 0 net cash flow?) b. What are the incremental operating cash flows in Years 1, 2, and 3? c. What is the terminal cash flow in Year -year class, would be soldaterthreeyears for S60.000 d. If the project's required rate of return i 12 percent, should the spectrometer be purchased