Johnny's Lunches is considering purchasing a new, energy$-$efficient grill. The grill will cost $$46,000$ and will be depreciated straightline over $3$ years. It will be sold for scrap metal after $5$ years for $$11,500.$ The grill will have no effect on revenues but will save Johnny' $$23,000$ in energy expenses. The tax rate is $30\%.$

Required:

a$.$ What are the operating cash flows in each year?

b$.$ What are the total cash flows in each year?

c$.$ Assuming the discount rate is $12\%,$ calculate the net present value $($NPV$)$ of the cash flow stream. Should the grill be purchased?

Answer is not complete.

Complete this question by entering your answers in the tabs below.

Required $A$

Required if

Required C

What are the total cash flows in each year?

Note: Negative amounts should be indicated with a minus sign. Do not round intermediate calculations. Round your answers to $2$ decimal places.

$\backslash$table$[[$Time$,$Total Cash Flows$],[0,$$$,46,000\mathrm{.}00x($ NEED YEAR $0-5$ PLEASe$)$