You must evaluate the purchase of a proposed spectrometer tor the AsD department. The purchase price of the spectrometer induding modifications is $250,000, and the equipment will be fully depreciated at the time of purchase. The equipment would be sold after 3 years for $72,000. The equipment would require a $13,000 increase in net operating working capital (spare parts inventory). The project would have no effect on revenues, but it should save the firm $68,000 per year in before-tax labor costs. The fimm's marginal federalplus-state tax rate is 25% a. What is the initial investment outiay for the spectrometer, that is, what is the Year 0 project cash fow? Enter your answer as a positive value. Round your answer to the nearest dolisr. b. What are the project's annual cash flows in Years 1,2 , and 37 Do not round intermediate calcucations, Aaund your answers to the nearest dollar. Year 115 Year 2: 5 Year 3:5 c. If the WACC is 13%, should the spectrometer be purchased