Operating cash inflowsStrong Tool Company has been considering purchasing a new lathe to replace a fully depreciated lathe that would otherwise last 5 more years. The new lathe is expected to have a 5-year life and depreciation charges of $ 2 comma 060$2,060 in Year 1; $ 3 comma 296$3,296 in Year 2; $ 1 comma 957$1,957 in Year 3; $ 1 comma 236$1,236 in both Year 4 and Year 5; and $ 515$515 in Year 6. The firm estimates the revenues and expenses (excluding depreciation and interest) for the new and the old lathes to be as shown in the following table LOADING... . The firm is subject to a 40 %40% tax rate on ordinary income. a. Calculate the operating cash inflows associated with each lathe. (Note: Be sure to consider the depreciation in year 6.) b. Calculate the operating cash inflows resulting from the proposed lathe replacement. c. Depict on a time line the incremental operating cash inflows calculated in part b