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You must evaluate the purchase of a proposed spectrometer for the R&D department. The purchase price of the spectrometer including mcdifications is 3250,000 , and

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You must evaluate the purchase of a proposed spectrometer for the R\&D department. The purchase price of the spectrometer including mcdifications is 3250,000 , and the equipment will be fully depreciated at the time of purchase. The equipment would be sold after 3 years for $20,000. The equipment would require an $8,000 increase in net operating working capital (spare parts inventory). The project would have no effect on revenues, but it should save the firm $55,000 per year in before-tax labor costs. The firmis maryinal federalplus-state tax rate is 25%. a. What is the intial investment outlay for the spectrometer after bonus depreciation is considered, that is, what is the Year oproject cash flow? Enter your answer as a positive value. Round your answer to the nearest dollar. $ b. What are the nroiect's annual cash fows in Years 1, 2, and 3? Do not round intermediate calculations. Round your answers to the nearest dollar: Year 1:5 Year 2:3 Year 3:5 C. If tha warr is 12%, should the spectrometer be purchased

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