You must evaluate the purchase of a proposed spectrometer for the RAD department. The purchase price of the spectrometer induding modifications is $110,000, and the equlpment mill be fully deprecated at the time of purchase. The equipment would be sold after 3 years for $46,000. The equipment would require a $6,000 increase in net operating working capital (spere parts inventory). The project would have no effect on revenues, but it should save the firm 565,000 per year in before-tax labor costs. The firm's marginal federal. plus-state tax rate is 25%. B. What is the intial investment outity for the spectrometer after benis depreciation is considered, that is, what is the Year 0 project cash flow? Enter your answer as a ponitive value. Plound your annwer to the nearest dalat. 5 b. What are the brosect's annwal cash flows in Years 1,2, and 3? Do not round intermediate calcutations. Round your anvwers to the nesrest dollar. Yest 1:8 Year 2:5 Year 3:5 C. It the warr, is 11%, sheuld the spectroneter be purchased