The president of your company, Morchuck Enterprises, has asked you to evaluate the proposed acquisition of a new chromatograph for the firm's R8D department. The equipment's basic price is $73,000, and it would cost another $14,000 to modify it for 5 pecial use by your firm. The chromatograph, which falls into the MACRS 3-year class, would be sold after 3 years for $29,000. The MACRS rates for the first three years are 0.3333,0.4445 and 0.1481. Use of the equipment would require an increase in net working capital (spare parts inventory) of $2,720. The machine would have no effect on revenues, but it is expected to save the firm $29,000 per year in before-tax operating costs, mainly labor. The firm's marginal federal-plus-state tax rate is 25%. Cash outfows and negative NPV value, if any, should be indicated by a minus sign. Do not round intermediate calculations. Round your answers to the nearest dollar. a. What is the Year-0 net cash flow? b. What are the project recurring cash flows in Years 1,2 , and 3 ? Year 1: Year 2: Year 3: c. What is the additional (nonoperating) cash flow in Year 3 ? $ d. If the project's cost of capital is 10%, what is the NPV of the project?