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please show steps! (not excel- financial calculator methods if possible) The president of your compary, MorChuck Enterprises, has asked you to evaluate the proposed acquisition

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The president of your compary, MorChuck Enterprises, has asked you to evaluate the proposed acquisition of a new chromatograph for the firm's RAD deportment. The equipment's basic price is $68,000, and it would cost another $17,500 to modify it for special use by your firm The chromatograph, which falls into the MACRS 3-year class, would be sold after 3 years for $27,400. The MACR5 rates for the first three years are 0.3333,0.4445 and 0.1481. Use of the equipment would require an increase in net working capital (spare parts inventory) of $2,520. The machine would have no effect on revenues, but it is expected to save the firm $22,240 per year in before-tax operating costs, mainly lebor. The firm's marginal federal-plus-state tax rate is 25%. Cash outfows and negative NPV value, if any, should be indicated by a minus sign. Do not round intermediate calculations. Round your answers to the nearest dollar. a. What is the Yeare0 net cash flow? b. What are the project recurring cash flows in Years 1, 2, and 3? c. What is the additional (nonoperating) cash flow in Year 3 ? 3 d. If the project's cost of capital is 124 , what is the NPV of the project

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