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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 , 1 1 0

The Campbell Company is considering adding a robotic paint sprayer to its production line. The sprayer's base price is $1,110,000, and it would cost another $23,000 to install it. machine falls into the MACRS 3-year class, and it would be sold after 3 years for $583,000. The MACRS rates for the first three years are 0.3333,0.4445, and 0.1481. The machi would require an increase in net working capital (inventory) of $17,500. The sprayer would not change revenues, but it is expected to save the firm $376,000 per year in before-t operating costs, mainly labor. Campbell's marginal tax rate is 25%.(Ignore the half-year convention for the straight-line method.) 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?
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