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Please help, thank you! Intro The local franchise of Jiffy Lube is thinking of buying a new lift for $50,000 that would make it easier

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Please help, thank you!

Intro The local franchise of Jiffy Lube is thinking of buying a new lift for $50,000 that would make it easier to access the oil filter in customers' cars and save labor. The savings would increase over the project's 3-year life, in line with the projected growth of the business: B D 1 Year 2 3 2 Cost savings 60,000 66,000 79,200 1 The machine is to be linearly depreciated to zero and will have no resale value after 3 years. The company uses a discount rate of 14% and has a tax rate of 21% IB Attempt 1/10 for 10 pts. Part 1 What is the free cash flow in year 3? 0+ decimals Submit IB Attempt 1/10 for 10 pts. Part 2 What is the NPV? 0+ decimals Submit

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