sources - Company XYZ is considering the purchase of a new research technology that would have a total installed cost of 5100,000. The new research technology would last until three years from today. The new research technology would be depreciated using the Three-Years MACRS. The new research technology would have no incremental effect on revenues, but it would decrease expenses by 550,000 each of the next three years. In eactly three years, the new research technology could be sold for $10,000. The now research technology would have no incremental impact on working capital for the company. The company's relevant tax rate is 40%. Recovery year 3 years 33% Percentage by recovery year 5 years 7 years 20% 14% 32 10 years 10% 18 11 Totals 100% 100% 100% 100% These percentages have been rounded to the nearest whole percent to simplify calculations while retain. ing realism. To calculate the actual depreciation for tax purposes, be sure to apply the actual unrounded percentages or directly apply double-declining balance depreciation using the half-year convention. What is the project's operating cash flow for year 1 Select one: O a. $39,500 o b. 941,300 C. $43,200 d. $45,700 O e. 547,100 What is the project's operating cash flow for year 2? Select one: O a. $39,500 O b. 541,000 o c. 543,000 od. $45,500 e. $48,000