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 the MACRS 3-year class, is not eligible for either bonus depreciation or Section 179 expensing, and it will be sold after three years for $20,700. Use of the truck will require an increase in NWC (spare parts inventory) of $2,700. The truck will have no effect on revenues, but it is expected to save the firm $16,700 per year in before-tax operating costs, mainly labor. The firms marginal tax rate is 21 percent. What will the cash flows for this project be? (Negative amounts should be indicated by a minus sign. Round your answers to 2 decimal places.)

I know how to set up the FCF table, I just need help with the math to get everything... Thank you!

Show correct answers 5 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 the MACRS 3-year class, is not eligible for either bonus depreciation or Section 179 expensing, and it will be sold after three years for $20,700. Use of the truck will require an increase in NWC (spare parts inventory) of $2,700. The truck will have no effect on revenues, but it is expected to save the firm $16,700 per year in before-tax operating costs, mainly labor. The firm's marginal tax rate is 21 percent. 0/0 points awarded Scored What will the cash flows for this project be? (Negative amounts should be indicated by a minus sign. Round your answers to 2 decimal places.) eBook 0 1 3 Year FCF 2 8,964.20 X $ Hint $ 34.66 X $ 22.00 $ 1,000.00 X References