You must evaluate the purchase of a proposed spectrometer for the department. The base price is $90,000, and it would cost another $10,000 to modify the equament for special use by the firm. The equipment falls into the MACES) year do and would be sold after 3 years for $31.500. The applicable depreciation rates are 33%, 45%, 15%, and 7%. The moment would require an $15,000 increase in net operating working capital (spare parts inventory). The project would have no effect on revenues, but it should save the firm $64,000 per year in before tax labor costs. The firm's marginal federal plus state tax rate is 3%. a: What in the incial investment outlay for the spectrometer, that it, what is the Year O project canh flow? Enter your newer as a positive value Round your answer to the nearest ont. b. What are the word's annual cash flow in Yours 1, 2, and 37 Do not round intermediate entendatiore. Round your answers to the nearest cent Yulis You 2 Years the WACC 13thodd the spectrometer be purchased