Q Search this d of Chapter Problems Check My Work (3 remaining) eBook 1 Problem Walk-Through New-Project Analysis The Campbell Company is considering adding a robotic paint sprayer to its production line. The sprayer's base price is $1,080,000, and it would cost another $19,000 to install it. The machine falls into the MACRS 3-year class (the applicable MACRS depreciation rates are 33.33%, 44.45%, 14.81%, and 7.41%), and it would be sold after 3 years for $561,000. The machine would require an increase in net working capital inventory) of $15,500. The sprayer would not change revenues, but it is expected to save the firm $440,000 per year in before-tax operating costs, mainly labor. Campbell's marginal tax rate is 35%. Cash outfiows, if any, should be indicated by a minus sign. Do not round Intermediate calculations. Round your answers to the nearest dollar. a. What is the Year-O net cash flow? 5 b. What are the net operating cash flows in Years 1, 2, and 3? Year 1: Year 2: $ Year 3: 5 What is the additional Year 3 cash flow (1.e, the after-tax salvage and the return of working capital)? d. If the project's cost of capital is 13 %, what is the NPV of the project? DKK