Intro You're evaluating a new electron microscope for the QA (quality assurance) unit. The microscope will cost $21,000 to buy and another $2000 to install, and will be soid for $1,800 after 3 years It fails into the 3-year MACRS class with depreciation rates as follows Year Depreciation rate 33% 45% 15% 7% The microscope ill require an inventory of spare parts worth $5,000 The equipment will no increase revenue, but will save the company 510,000 in labor costs each year Your company's marginal tax rate (federal plus state) is 34% and the appropriate cost of Capital for this project is 16%. Part1 What is the initial (year-0) free cash flow from the project? Choose the right sign. B Attempt 1/6 for 10 pts No decimals Submit @~ Attempt 1/6 for 10 pts Part 2 What is the free cash flow in year 1? No decimals Submit 8- Attempt 16 for 10 pts Part 3 What is the free cash flow in year 2? No decimals Submit Submit Part 4 What is the after-tax salvage value of the equipment at the end of year 3? 8 Attempt 1/6 for 10 pts No decimals Submit B Attempt 1/6 for 10 pts Part 5 What is the free cash flow in year 3? No decimals Subm i E ~ Attempt 16 for 10 pts. Part 6 What is the NPV of this project? No decimals Submit