The president of the company you work for has asked you to evaluate the proposed acquisition of a new chromatograph for the firm's R8D department. The equipment's basic price is $77,000, and it would cost another $14,500 to modify it for special use by your firm. The chromatograph, which falis into the MACRS 3-year class, would be sold after 3 years for $34,600. The MACRS rates for the first 3 years are 0.3333,0.4445 and 0.1481 . Use of the equipment would require an increase in net working capital (spare parts inventory) of $4,420. The machine would have no effect on revenues, but it is expected to save the firm $26,750 per year in before-tax operating costs, mainly laboc. The firm's marginal federal-plus-state tax rate is 40%. Cash outhlows and negative NpV value, if any, should be indicated by a minus sign. Do not round intermediate calculations, Round your answers to the nearest dollac: a. What is the Year-0 net cash flow? $ b. What are the net operating cash flows in Years 1, 2, and 3? Do not include recovery of NWC or salvage value in Year 3's calculation here, Yoar 1 : Year 3: c. What is the additional cash flow in Year 3 from NWC and salvage? $ d. If the project's cost of capital is 11%, what is the NPV of the project? $ Should the chromatograph be purchased