You must evaluate a proposal to buy a new milling machine. The purchase price of the milling machine, including shipping and installation cost is $143,000. The equipment will be depreciated on straight line basis and will be sold after 3 years for $94,500. The machine will require $5,000 increase in net operating working capital immediately at the start of the project. After that, the net working capital will increase by 10% every year. The revenues for first year is expected to be $100,000 and the labor cost will be $52,000 per year. The revenues will increase by 10% each year. The marginal tax rate is 25%. The firm also spent $4,500 last year investigating the feasibility of the machine. Estimate the projects cash flow during year 0, 1, 2 and 3.