You must evaluate the purchase of a proposed spectrometer for the RaD department. The purchase price of the spectrometer including modificotions is $110,000, and the equipment will be fully depreciated at the time of purchase. The equipment would be sold after 3 years for $42,000. The equipment would require a $10,000 increase in net operating working capital (spare parts inventery). The project would have no effect on revenues, but it should save the firm s3s,000 per year in before-tax labor costs. The firmis maryinal federal. plus-state tax rate is 25%. a. What is the initial investment outiay for the spectrometer after bonus depreciation is considered, that is, what is the Year o project cash flow? Enter your answer as a positivu valia amynd your answer to the nearest dollar. 5 b. What are the orolect's annual cash flows in Years 1, 2, and 3? Do not round intermediate calculations. Round your answers to the nearest dollat. Year 1: 5 Year 2:1 Year 3: 3 c. If the Wice, is 12%, should the spectrometer be purchased