You must evaluate the purchase of a proposed spectrometer for the R&D department. The purchase price of the spectrometer including modifications is sao,000, and the equipment will be fully depreciated at the time of purchase. The equipment would be sold after 3 years for $27,000. The equipment would require a $9,000 increase in net operating working capital (spare parts inventory). The project would have no effect on revenues, but it should save the firm $41,000 per year in before tax labor costs. The firm's marginal federal plus-state tax rate is 25%. What is the initial investment qutlay for the spectrometer, that is what is the Year project cash flow? 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 2:5 Year 3: $ If the war is 12%, should the spectrometer be purchased? Select- Yes Ne