The president of your company, MorChuck Enterprises, has asked you to evaluate the proposed acquisition of a new chromatograph for the firm's R\&D department. The equipment's basic price is $77,000, and it would cost another $14,500 to modify it for special use by vour fitm. The chromatograph, which falls into the MACRS 3 -vear class, would be sold after 3 years for $36,100. The MACRS rates for the first three vears are 0.3333,0.4445 and 0.1481 . Use of the equipment would require an increase in net working capital (spare parts inventory) of $2,880. The mochine would have no effect on revenues, but it is expected to save the firm $27,520 per year in before-tox operating costs, mainly labor. The firm's marginaf federal-plus-state tax rate is. 25%. Cash outflows and negative NPV value, if any, should be indicated by a minus sign. Do nok round intermediate calculations, Round your answers to the nearest dollar: a. What is the Year- 0 net cash flow? $ b. What are the project recurning cash flows in Yoars 1, 2, and 3 ? Year 1: 5. Year 2: Year 3: s $ c. What is the additional (nonoperating) cash flow in Year 3? d. If the project's cost of capital is 14%, what is the NPV of the project? Should the chromatograph be purchased