need to know how to work it out by hand

You must evaluate the purchase of a proposed spectrometer for the M.D department, The purchase price of the spectrometer induding modifications is 5180,000 , anid the equipment will be fully depreciated at the time of purchase. The equipment would be sold after 3 years for $88,000. The equpment would require a $9,000 increase in net. operating working capital (spare parts inventory). The project would have no effect on revenues, but it should save the firm $70, 000 per year in before-tax labor costs. The tirm's marginal federal-plus-state tax rate is 25%. a. What is the initial investment outlay for the spectrometer after bonus depreciation is considered, that is, what is the Year 0 project cash flow? Enter your answer as a positive value. Round your answer to the nearest dollar. b. What are the project's annial cash flows in Years 1,2 , and 37 Do not round intermediate calculations. Round your answers to the nearest dollar. Year 1:5 Year 2:5 Year 3: 3 c. If the WACC is 13%, should the spectrometer be purchased