Johnnys Lunches is considering purchasing a new, energy-efficient grill. The grill will cost $37,000 and will be depreciated according to the 3-year MACRS schedule. It will be sold for scrap metal after 3 years for $9,250. The grill will have no effect on revenues but will save Johnnys $18,500 in energy expenses per year. The tax rate is 40%. Use the MACRS depreciation schedule.

A) What are the operating cash flows in each year? (Do not round intermediate calculations. Round your answers to 2 decimal places.)

Year	Operating Cash Flow
1	$
2	$
3	$

B) What are the total cash flows in each year? (Negative amounts should be indicated by a minus sign. Do not round intermediate calculations. Round your answers to 2 decimal places.)

Time	Total Cash Flow
0	$
1	$
2	$
3	$

C) If the discount rate is 11%, should the grill be purchased?

Yes or no