The Campbell Company is considering adding a robotic paint sprayer to its production line. The sprayer's base price is $$1,180,000,$ and it would cost another $$18,500$ to install it$.$ The machine falls into the MACRS $3-$year class $($the applicable MACRS depreciation rates are $33\mathrm{.}33\%,44\mathrm{.}45\%,14\mathrm{.}81\%,$ and $7\mathrm{.}41\%),$ and it would be sold after $3$ years for $$570,000.$ The machine would require an increase in net working capital $($inventory$)$ of $$12,000.$ The sprayer would not change revenues, but it is expected to save the firm $$446,000$ per year in before$-$tax operating costs, mainly labor. Campbell's marginal tax rate is $40\%.$ Cash outflows, if any, should be indicated by a minus sign. Do not round intermediate calculations. Round your answers to the nearest dollar. The Campbell Company is considering adding a robotic paint sprayer to its production line. The sprayer's base price is $$1,180,000,$ and

it would cost another $$18,500$ to install it$.$ The machine falls into the MACRS $3-$year class $($the applicable MACRS depreciation rates are

$33\mathrm{.}33\%,44\mathrm{.}45\%,14\mathrm{.}81\%,$ and $7\mathrm{.}41\%),$ and it would be sold after $3$ years for $$570,000.$ The machine would require an increase in net

working capital $($inventory$)$ of $$12,000.$ The sprayer would not change revenues, but it is expected to save the firm $$446,000$ per year

in before$-$tax operating costs, mainly labor. Campbell's marginal tax rate is $40\%.$ Cash outflows, if any, should be indicated by a minus

sign. Do not round intermediate calculations. Round your answers to the nearest dollar.

a$.$ What is the Year$-0$ net cash flow?

$

b$.$ What are the net operating cash flows in Years $1,2,$ and $3?$

Year $1$: $

Year $2$: $

Year $3$: $

c$.$ What is the additional Year $3$ cash flow $($i$.$e$,$ the after$-$tax salvage and the return of working capital$)?$

$

d$.$ If the project's cost of capital is $15\%,$ what is the NPV of the project?

$

Should the machine be purchased?