You have been asked by the president of your company to evaluate the proposed acquisition of a new special-purpose truck for $50,000. The truck falls into theMACRS3-year class, and it will be sold after three years for $19,400. Use of the truck will require an increase in NWC (spare parts inventory) of $1,400. The truck will have no effect on revenues, but it is expected to save the firm $17,100 per year in before-tax operating costs, mainly labor. The firm's marginal tax rate is 34 percent.

What will the cash flows for this project be?