You tnust evaluate the purchase of a proposed spectrometer for the R8D department. The purchase price of the spectrometer including modifications is $110,000, and the equipmenk will be fully depreoated at the time of purchase. The equipment would be sold after 3 years for $43,000. The equipment would require an $11,000 increase in net operating working capital (spare parts inventory). The project would have no effect on revenues, but it should save the firm $57,000 per year in before-tax labor costs: The firm's marginal federal-plus-state tax rate is 25%. a. What is the inital investment outlay for the spectrometer after bonus depreciation is considered, that is, what is the Year 0 project cash flow? Enter vour answar as a positive value. Round your answer to the nearest dollar. 51 b. What are the project's annual cash fows in Years 1,2 , and 3 ? Do not round intermediate calculations. Round your answers to the nearest dollar: Year 1:\$ Year 2: $ Year 3: $ c. If the WACC ic 13%, should the spectrometer be purchased