You have been asked by the president of your company to evaluate the proposed acquisition of a new special-purpose truck. The truck's basic price is $54,000, and it will cost another $10,000 to modify it for special use by your firm. The truck falls into the MACRS three-year class (Yr1: 33%, Yr2: 45%, Yr3: 15%, Yr4: 7%), and it will be sold after three years for $18,000. Use of the truck will require an increase in net working capital (spare parts inventory) of $1,500. The truck will have no effect on revenues, but it is expected to save the firm $18,000 per year in before-tax operating costs, mainly labor. The firm's marginal tax rate is 34 percent. [MACRS table required] Refer to Exhibit 10-1. What is the terminal (nonoperating) cash flow at the end of Year 3? $15,052 $14,009 $14,754 $15,499 $14,903 Refer to Exhibit 10-1. What is the initial investment outlay for the truck? (That is, what is the Year 0 net cash flow?) -$66,810 -$70,085 -$65,500 -$60,260 -$68,120 Refer to Exhibit 10-1. What is the incremental operating cash flow in Year 1? $19,061 $19,823 $19,633 $19,442 $18,108