You work for a small business that does silk screening for T-shirts. Your boss is considering purchasing a computer graphics system, produced by IBM, that would automate the silk screening process and would replace an old manually operated print system. Automation would reduce your turn-around time enabling you to increase sales of T-shirts by 20,000 shirts per year. The information associated with this project is as follows: Initial Equipment Cost: $100,000. Life of System: 5 years. Depreciation method: Straight line Depreciation. Retail price of a silk-screened T-shirt: $9 per shirt Raw material cost: $5 per shirt Salary of new computer system operator: $30.000 per year. Increase in net working capital at t = 0 necessary to support increased sales: $60.000 Marginal Tax Rate on income and capital gains: 35% Predicted Salvage Value of Computer Graphics System at year 5: $25,000. Current salvage value of old manual print system $6,000 Current book value of old manual print system $2.000 What are the incremental after-tax cash flows associated with this project (in thousands) for years 0 through 5? -160/39.5/39.5/39.5/39.5/55.75 -155.4/59.5/59.5/59.5/59.5/99 -160/59.5/59.5/59.5/59.5/115.75 -155.4/39.5/39.5/39.5/39.5/115.75