You must evaluate the purchase of a proposed spectrometer for the R\&D department. The purchase price-of the spectrometer including modifications is $200,000, and the equipment will be fully depreciated at the time of purchase. The equipment would be sold after 3 years for $59,000. The equipment wou require a $15,000 increase in net operating working capital (spare parts inventory). The project would have no effect on revenues, but it should save the fir $38,000 per year in before-tax labor costs. The firm's marginal federal-plus-state tax rate is 25%. a. What is the initial imvestment outlay for the spectrometer after bonus depreciation is considered, that is, what is the Year 0 project cash flow? Enter your answer as a positive value. Round your answer to the nearest dollar. 5 b. What are the project's annubl 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;5 Year 3:5 c. If the WACC is 14%, should the spectrometer be purchase.j