You mast evuluate the purchase of a proposed spectrometer for the PsaD deportment. The purchase price of the spectrometer including modifications is $70,000, and the equipment will be fuly depreciated at the time of purchase. The equipment would be sold after 3 years for 525,000 . The equipment would require an $8,000 increase in net operating working capital (spare parts inventory). The project would have no effect on revenues, but it should save the firm $33,000 per year in before-tax labor costs. The firm's marginal federah-plus state tax rate is 2546 a. What is the initial investment ovelay for the spectrometer alter bonus depreciation is considered, that is, what is the Year 0 project cash flow? Enter your answer as a positive value. Round your answer to the nearest dollor: 5 b. What are the project's annual cash flows in Years 1, 2, and 37 Do nok round intemediate calculations, Round your answers to the nearest dollat: Year 1t$ Year 2: $ Year 3:5 c. If the WAOC is 13%, should the spectrometer be purdiased