Problem 13 Intro You're evaluating a new electron microscope for the QA (quality assurance) unit. The microscope will cost $19,000 to buy and another $2,000 to install, and will be sold for $1,800 after 3 years. It falls into the 3-year MACRS class, with depreciation rates as follows: Year 1 2 3 4 Depreciation rate 33 % 45 % 15 % 79 6 The microscope will require an inventory of spare parts worth $5,000. The equipment will not increase revenue, but will save the company $15,000 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 146. Part 1 Attempt 1/5 for 10 pts. B What is the initial (year-O) free cash flow from the project? Choose the right sign. No decimals Submit B Attempt 1/5 for 10 pts. Part 2 What is the free cash flow in year 1? No decimals Submit Attempt 1/5 for 10 pts. Part 3 B the free cas h flow in year 2? What is No decimals Submit Attempt 1/5 for 10 pts. B Part 4 What is the after-tax salvage value at the end of year 37 No decimals Submit Part 5 Attempt 1/5 for 10 pts. B What is the free cash flow in year 3? No decimals Submit B Attempt 1/5 for 10 pts. Part 6 the NPV of this project? No decimals Submit