You must evaluate the purchase of a proposed spectrometer for the R\&D department. The purchase price of the spectrometer including modifications is $220,000, and the equipment will be fully depreciated at the time of purchase. The equipment would be sold after 3 years for $71,000 . The equipment would requir firm's marginal federal-plus-state tax rate is 25%. 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 dollar. Year 1: \$ Year 2: $ Year 3: $ c. If the WACC is 12%, should the spectrometer be purchased?