The president of Real Time Inc. has asked you to evaluate the proposed acquisition of a new computer. The computer's price is $80,000, and it falls into the MACRS 3year class. Purchase of the computer would require an increase in net operating working capital of $2,000. The computer would increase the firm's before-tax revenues by $30,000 per year but would also increase operating costs by $18,000 per year. The computer is expected to be used for 3 years and then be sold for $25,000. The firm's marginal tax rate is 40 percent, and the project's cost of capital is 14 percent. What is the net cash flow at t=0 ? Cash outflow should be in negative number, e.g., 33,000, and do not include the $ sign. You are evaluating the proposed acquisition of a new machine costing $51,000, and it falls into the MACRS 3-year class. Purchase of the machine would require an increase of net operating working capital of $2,000, which will be recovered when the machine is sold. The machine would increase the firm's revenues by $20,000 per year and its operating costs by $11,000 per year. The machine is expected to be used only for 3 years and then be sold for $25,000. The firm's marginal tax rate is 27 percent, and the project's cost of capital is 14 percent. What is the net cash flow at t=0, i.e., the initial cash flow? $36,000 $38,000 $41,000 $45,000 $50,000 $53,000