simplified straight$-$line depreciation, that this machine is being depreciated down to zero, a $33$ percent marginal tax rate, and a required rate of return of $13$ percent.

a$.$ What is the initial outlay associated with this project?

b$.$ What are the annual after$-$tax cash flows associated with this project for years $1$ through $9?$

c$.$ What is the terminal cash flow in year $10($that is$,$ the annual after$-$tax cash flow in year $10$ plus any additional cash flow associated with termination of the project$)?$

d$.$ Should this machine be purchased?

a$.$ The initial cash outlay associated with this project is $

$($Round to the nearest dollar.$)$