Question to Check Sty Work elook You must evaluate the purchase of a proposed spectrometer for the department. The purchase price of the spectrometer including modification is $110,000, and the equipment will be fully deprecated at the time of purchase. The men would be soldater 3 years for $21,000. The equipment would require a $17.000 incennet operating working capital (spare parts inventory). The project would have no effect on revenues, but it should save the form $25,000 per year in before tax labee costs. The fim's marginal federal-plus-state tax rate 254 .. What is the initial investment outiwy for the spectrometer, that is, what is the Year o proptch Now? Enter your nuwer is a positive valut. Moand your newer to the nearest dollar What we the projects annual cash flows in Years 1. 2. 37 Do not round intermediate calculations. Round your answers to the nearest dollar Years Year 2:5 Year 3:5