Strong tool company has been considering purchasing a new lathe to replace a fully depreciated lathe that will last 5 more years. The new lathe is expected to have a 5-year life and depreciation charges of $2,000 in year 1; $3,200 in year 2; $1,900 in year 3; $1,200 in both year 4 and 5 and $600 in year 6. The firm estimates the revenues and expenses (excluding depreciation and interest) for the new and the old lathes to be as shown in the table at the top of page 456. The firm is subject to a 40% tax rate. A. Calculate the operating cash inflows associated with each lathe(consider the depreciation in year 6) B. Calculate the incremental (relevant) operating cash inflows resulting from the proposed lathe replacement C. Depict on a time line the incremental operating cash inflows calculated in part B