The president of your company, MorChuck Enterprises, has asked you to evaluate the proposed acquisition of a new chromatograph for the firm's R8D department. The equipment's basic price is $73,000, and it would cost another $18,000 to modify it for special use by your firm. The chromatograph, which falls into the MACRS 3-year class, would be sold after 3 years for $27,700. The MACRS rates for the first three years are 0.3333,0.4445 and 0.1481 . (Ignore the half-year convention for the straight-line method.) Use of the equipment would require an increase in net working capital (spare parts inventory) of $3,450. The machine would have no effect on revenues, but it is expected to save the firm $26,810 per year in before-tax operating costs, mainly lobor. The firm's marginal federal-plus-state tax rate is 25%. Cash outfiows and negative NPV value, 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 fow? 5. b. What are the net operating cash flows in Years 1, 2, and 37 (Note: Do not include recovery of NWC or salvage value in Year 3 's calculation here.) Yeer 1: 5 5 Year 2: 5 Year 3 : c. What is the additional (nonoperating) cash flow in Year 3 ? d. If the project's cost of copital is 12%, what is the NPV of the project? Should the chromatograph be purchased