You must evaluate the purchase of a proposed spectrometer for the RSD department. The purchase price of the spectrometer including modifications is $170,000, and the equipment will be fully depreciated at the time of purchase. The equipment would be sold after 3 years for $22,000. The equipment would require an $11,000 increase in net operating working captal (spare parts inventory). The project would have no effect on revenues, but it should save the firm $65,000 per year in before-tax labor costs, The firm's marginal federalDivs-state tax rate is 25%. a. What is the initial imvestment outioy for the spectrometer after bonus depreciation is considered, that is, what is the Year o project cash fiow? Enter your answer as a positive value. Anyand your answer to the nearest dollar: \$. b. What are the prolects annual cass nows in Years 1,2, and 37 Do not round intermediate calculations. Round your answers to the nearest dollar: Year 1: 5 Year 2 :s Year 3: 5 C.If the WACC is 10%, should the spectrometer be purchased