You must evaluate a proposal to buy a new milling machine. The purchase price of the milling machine, including shipping and installation costs, is $169,000, and the equipment will be fully depreciated at the time of purchase. The machine would be sold after 3 years for $69,000. The machine would require an $8,000 increase in net operating working capital (increased inventory less increased accounts payable). There would be no effect on revenues, but pretax labor costs would decline by $49,000 per year. The marginal tax rate is 25%, and the WACC is 11%. Also, the firm spent $4,500 last year investigating the feasibility of using the machine. c. What are the project's annual cash flows during Years 1,2 , and 3 ? Do not round intermediate calculations. Round your answers to the nearest dollar. Year 1: \$ Year 2: $ Year 3: $