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Problem 1 2 - 9 Project Cash Flows ( LG 1 2 - 6 ) You have been asked by the president of your company

Problem 12-9 Project Cash Flows (LG12-6)
You have been asked by the president of your company to evaluate the proposed acquisition of a new special-purpose truck for $50,000. The truck falls into the MACRS 3-year class, is not eligible for either bonus depreciation or Section 179 expensing, and it will be sold after three years for $20,100. Use of the truck will require an increase in NWC (spare parts inventory) of $2,100. The truck will have no effect on revenues, but it is expected to save the firm $17,000 per year in before-tax operating costs, mainly labor. The firm's marginal tax rate is 21 percent.
What will the cash flows for this project be?(Negative amounts should be indicated by a minus sign. Round your answers to 2 decimal places.)
\table[[Year,0,1,2,3],[FCF,$,(52,100.00),,]]
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