Please answer all parts of question and round to nearest dollar.

Operating cash inflows Strong Tool Company has been considering purchasing a new lathe to replace a fully depreciated lathe that would otherwise last 5 more years. The new lathe is expected to have a 5-year life and depreciation charges of $2,060 in Year 1; $3,296 in Year 2; $1,957 in Year 3; $1,236 in both Year 4 and Year 5; and $515 in Year 6. The firm estimates the revenues and expenses (excluding depreciation and interest) for the new and the old lathes to be as shown in the following table E The firm is subject to a 40% tax rate on ordinary income. a. Calculate the operating cash inflows associated with each lathe. (Note: Be sure to consider the depreciation in year 6.) b. Calculate the operating cash inflows resulting from the proposed lathe replacement. c. Depict on a time line the incremental operating cash inflows calculated in part b. Data Table (Click on the icon located on the top-right corner of the data table below in order to copy its contents into a spreadsheet.) New Lathe Old Lathe Expenses (excluding depreciation and interest) $25,300 25,300 25,300 25,300 25,300 Expenses (excluding depreciation and interest) $31,400 31,400 31,400 31,400 31,400 Year Revenue $38,700 39,700 40,700 41,700 42,700 Revenue $33,100 33,100 33,100 33,100 33,100 Print Done