QUESTION 3 Work on Excel and copy the clean answer table here: New-Project Analysis: The president of the company you work for has asked you to evaluate the proposed acquisition of a new robotic burger-flipper for the kitchen. The equipment's basic price is $90,000, and it would cost another $15,000 to modify it for special use by your restaurant. The robotic hand, which falls into the MACRS 3-year class would be sold after 3 years for $35,000. The MACRS rates for the first 3 years are 0.3333, 0.4445, and 0.1481. The use of the equipment would require an increase in net working capital (spare parts inventory) of $5,000. The machine would increase revenues by $10,000, and it is expected to save the firm $35,000 per year in before tax operating costs, mainly labor. The firm's marginal federal-plus-state tax rate is 35% a. What is the Year 0 cash flow? b. What are the cash flows in Years 1, 2 and 37 Do not include recovery of NWC or salvage value in Year 3's calculation here c. What is the additional cash flow in Year 3 from NWC and salvage? d. If the project's cost of capital is 9%, should the robot burger Flipper be purchased? TTT Arial 3 (121) MT-18 Path:p Words: 0