Intro DeLuxe Furniture is thinking of buying a wood cutting machine for $140,000 that would save it $40,000 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 working capital. The appropriate cost of capital for this project is 10% and the company's tax rate is 35% Year 0 Year 1 Year 3 0 40,000 0 46,667 0 -6,667 Year 2 40,000 46,667 -6,667 40,000 46,667 -6,667 Cost savings Depreciation EBIT Taxes (35%) Net income Depreciation OCF NCS ANWC CFA Net income Depreciation OCF NCS ANWC CFA 0 -4,333 0 46,667 0 42,333 140,000 0 4,000 0 -144,000 42,333 -4,333 46,667 42,333 0 0 42,333 Part 4 IB Attempt 4/10 for 8.5 pts. What is the cash flow from assets in year 3? Hint: add the recovery of net working capital. 0+ decimals Submit IB Attempt 4/10 for 8.5 pts. Part 5 What is the NPV of this project? 0+ decimals Submit