Wk 3 - Apply: Wk 3 Quiz [due Day 7] i Saved Help Save & E Johnny's Lunches is considering purchasing a new, energy-efficient grill. The grill will cost $45,000 and will be depreciated straight- 14 line over 3 years. It will be sold for scrap metal after 5 years for $11,250. The grill will have no effect on revenues but will save Johnny's $22,500 in energy expenses. The tax rate is 30%. Required: a. What are the operating cash flows in each year? points b. What are the total cash flows in each year? c. Assuming the discount rate is 10%, calculate the net present value (NPV) of the cash flow stream. Should the grill be purchased? Complete this question by entering your answers in the tabs below. Required A Required B Required C Assuming the discount rate is 10%, calculate the net present value (NPV) of the cash flow stream. Should the grill be purchased? (Do not round intermediate calculations. Round your answer to 2 decimal places.) NPV of cash flow stream S 354.55 Should the grill be purchased?