You must evaluate the purchase of a proposed spectrometer for the R\&D department. The purchase price of the spectrometer including is Nould require a $13,000 increase in net operating working capital (spare parts inventory). The project would have no effect on revenues, but it should is save the firm $67,000 per year in before-tax labor costs. The firm's marginal federal-plus-state tax rate is 25%. a. What is the initial investment outlay for the spectrometer after bonus depreciation is considered, that is, what is the Year 0 project cash Enter your answer as a positive value. Round your answer to the nearest dollar. $ b. What are the project's annual cash flows in Years 1,2, and 3? Do not round intermediate calculations. Round your answers to the nearest dollar. Year 1: $ Year 2: $ Year 3: \$ c. If the WACC is 11%, should the spectrometer be purchased