Intro Better Tires Corp, is planning to buy a new tire making machine for $80,000 that would save it $60,000 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 appropriate cost of capital for this project is 10% and the tax rate is 21%. Part 1 II Attempt 1/5 for 10 pts. What is the free cash flow in each year of operation (years 1 to 3 )? Part 2 E Attempt 1/5 for 10 pts. What is the NPV of this project