Mystic Beverage Company is considering purchasing a new bottling machine. The new machine costs $208,164, plus installation fees of $13,559 and will generate earning before interest and taxes of $57,527 per year over its 7-year life. The machine will be depreciated on a straight-line basis over its 7-year life to an estimated salvage value of 0. Mystic's marginal tax rate is 0%. Mystic will require $39,223 in NWC if the machine is purchased. Determine the annual cash flow in year 3 if the machine is purchased. round your answer to two decimals Which of the following cash flows are NOT considered in the calculation of the initial outlay for a capital investment proposal? a. Increase in accounts receivable b. The cost of shipping new equipment c. The cost of issuing new bonds if the project is financed by a new bond issue d. The cost of installing new equipment a and c b and d