(New project analysis) The Chung Chemical Corporation is considering the purchase of a chernical analysis machine. Although the machine being consifered wil result in an increase in eamings before interest and taxes of $32.000 per year, it has a purchase price of $140.000, and it would cost an additional 510 . 00010 properly inetall the machine. In addition, to properly operate the machine, inventory must be increased by $8,000. This machine has an expected lfe of 10 years, affer which it will have no salvage value. Also. assume simplified straight-line depreciation and that this machine is being depreciated down to zero, a 32 percent marginal tax. rate, and a required rate of retum of 11 percent. a. What is the initial outlay associated with this project? b. What are the annual after-tax cash flows associated with this profect for yearo 1 through 9 ? c. What is the terminal cash flow in year 10 (what is the annual after-tax cash flow in year 10 plus any adefional cash flows associaled with the tarmination of the projectl? d. Should this machine be purchased? a. What is the initial outay associated with this project?. (Found to tho nearest dollar) b. What are the annual after-tax cash flows associated whth this project for years 1 through 9 (note that the cash fows for years 1 through 9 are equah? (Round to the nearest dollar.) c. What is the terminal cash flow in year 10 (what is the annuat alter-tax cash flow in yoar 10 plus any additonal cash flown associated with the tormination of the projecti? (Round to the nearest dollar) d. What is the projects NPV glven a required rate of teturn of 11 percent