Intro DeLuxe Furniture is thinking of buying a wood cutting machine for $160,000 that would save it $45,000 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 $4,000 in net operating working capital. The appropriate cost of capital for this project is 12% and the company's tax rate is 35%. Year o Year 1 Year 2 Year 3 0 0 45,000 53,333 -8,333 45,000 53,333 -8,333 45,000 53,333 -8,333 0 Cost savings Depreciation EBIT Taxes (35%) Net income Depreciation NOPAT + DEP CAPEX ANOWC FCF Attempt 1/3 for 10 pts. Part 4 What is the free cash flow in year 3? Hint: add the recovery of net operating working capital. 0+ decimals Submit Attempt 1/3 for 10 pts. Part 5 What is the NPV of this project? 0+ decimals Submit