Intro DeLuxe Furniture is thinking of buying a wood cutting machine for $170,000 that would save it $35,000 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 $9,000 in net working capital. The appropriate cost of capital for this project is 11% and the company's tax rate is 35%. Year Year 1 Year 2 Year 3 0 0 35,000 56,667 0 -21,667 35,000 56,667 -21,667 35,000 56,667 -21,667 Cost savings Depreciation EBIT Taxes (35%) Net income Depreciation OCF NCS ANWC CFA Part 1 IB Attempt 1/10 fe What is the cash flow from assets in year 0? Choose the right sign. 0+ decimals Submit Part 2 IB Attempt 1/10 fo What is the cash flow from assets in year 1? 0+ decimals Submit IB Attempt 1/10 for Part 3 What is the cash flow from assets in year 2? 0+ decimals Submit