Check My Work Problem Walkthrough Problem 11-07 New-Project Analysis The president of the company you work for has asked you to evaluate the proposed acquisition of a new chromatograph for the firm's RAD department. The equipment's basic price is $80,000, and it would cost another $20,000 to modify for special use by your firm. The chromatograph, which falls into the MACRS 3-year class, would be sold after 3 years for $28,000. The MACRS rates for the first 3 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 $4,000. The machine would have no effect on revenues, but it is expected to save the firm $12,000 per year in before taxeperating costs, mainly labor. The firm's marginal federal-plus-state tax rate is 404 What the Year net cash for the newer is negative, sign b. What are the net operating cash flows in Years 1, 2, and 37 Do not round intermediate calculations. Round your answers to the nearest dollar c. What is the additional (nonoperating cash flow in Year 3 Do not found intermediate calculations. Round your answer to the nearest dollar the cost of capital , who the chromatographe purchased kle Feedback Partially Correct