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The Campbell Company is considering adding a robotic paint sprayer to its production line. The sprayer's base price is $1,150,000, and it would cost another

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The Campbell Company is considering adding a robotic paint sprayer to its production line. The sprayer's base price is $1,150,000, and it would cost another $19,000 to install it. The machine falls into the MACRS 3-year class (the applicable MACRS depreciation rates are 33.33\%, 44.45\%, 14.81\%, and 7.41\%), and it would be sold after 3 years for $577,000. The machine would require an increase in net working capital (inventory) of $18,500. The sprayer would not change revenues, but it is expected to save the firm $376,000 per year in before-tax operating costs, mainly labor. Campbell's marginal tax rate is 35%. 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 10%, What is the NPV of the project? $ Should the machine be purchased

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