Johnny's Lunches is considering purchasing a new, energy-efficient grill. The grill will cost $40,000 and will be depreciated straight-line over 3 years. It will be sold for scrap metal after 5 years for $10,000. The grill will have no effect on revenues but will save Johnny's $20,000 in energy expenses. The tax rate is 30%. Required: a. What are the operating cash flows in each year? b. What are the total cash flows in each year? C. Assuming the discount rate is 12%, calculate the net present value (NPV) of the cash flow stream. Should the grill be purchased? Complete this question by entering your answers in the tabs below. Required A Required B Required C What are the operating cash flows in each year? (Do not round intermediate calculations.) Year Operating Cash Flows 1 2 3 Required A Required B Required C. What are the total cash flows in each year? (Negative amounts should be indicated with a minus sign. Do not round intermediate calculations.) Time Total Cash Flows 0 1 2 3 Required A Required C Se depreciated straight line color have not on revenues but we Required A Required B Required C Assuming the discount rate is 12%, calculate the net present value (NPV) of the cash flow stream. Should the grill be purchased? (Do not round intermediate calculations. Round your answer to 2 decimal places.) NPV of cash flow stream Should the grill be purchased?