You must evaluste the purchase of a proposed spectrometer for the RSD 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 $76,000. The equipment would require a $12,000 increase in net operating working capital (spare parts inventory). The project would have no effect on revenues, but it should save the firm 525,000 per year in before-tax labor costs. The firm's marginal federal-plus-state tax rate is 25%. a. What is the initial investment outiay for the spectrometer after bonus depreciation is considered, that is, what is the Year 0 prolect 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 dolliar. Year 1:5 Year 2:5 Year 3:5 c. If the WACC is 10%6, should the spectrometer be purchased