Intro DeLuxe Furniture is thinking of buying a wood cutting machine for $180,000 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 $6,000 in net operating working capital. The appropriate cost of capital for this project is 11% and the company's tax rate is 35% Year Year 3 Year 2 Year 1 35,000 35,000 35,000 Cost savings 60,000 60,000 0 60,000 Depreciation 0 -25,000 -25,000 -25,000 EBIT Taxes (35%) Net income Depreciation NOPAT+DEP CAPEX ANOWC FCF Attempt 1/5 for 8 pts. Part 1 B What is the free cash flow in year 0? Choose the right sign. No decimals Part 2 BPAttempt 1/5 for 8 pts. What is the free cash flow in year 1? No decimals Submit Part 3 B Attempt 1/5 for 8 pts. What is the free cash flow in year 2? No decimals Submit Attempt 1/5 for 8 pts. Part 4 B What is the free cash flow in year 3? Hint: add the recovery of net operating working capital. No decimals Submit Part 5 B Attempt 1/5 for 8 pts. What is the NPV of this project? No decimals Submit