You must evaluate the purchase of a spectrometer for the R&D department. The base price is $11,000, and it would cost another $100 to modify the equipment for special use by the firm. The equipment falls into the MACRS 3-year class and would be sold after 3 years for $1,650. The applicable depreciation rates are 33%, 45%, 15%, and 7%. The equipment would require an $800 increase in net operating working capital. The project would have no effect on revenues, but it should save the firm $6,000 per year in before-tax labor costs. The firms marginal federal-plus-state tax rate is 40%. 1 / 1 point What is the initial investment outlay for the spectrometer, that is, what is the Year 0 project cash flow? -$11,800 Please I need explain not just the answers Yesterday I asked this question but they answered it wrong. -$11,900 -$10,300 -$11,100 -$11,000 1 / 1 point What is the project's Free Cash Flow in Year 1? $1,402 $6,000 $3,663 $5,065 $2,337 1 / 1 point What is the project's Free Cash Flow in Year 2? $5,598 $4,995 $603 $1,005 $6,000 1 / 1 point What is the project's Free Cash Flow in Year 3? $4,266 $1,301 $6,367 $4,335 $2,601 $6,000 1 / 1 point If the WACC is 10%, what is the project's NPV? $2,115 -$2,115 $14,015 -$14,015 -$5,130 $5,130