The Campbell company is considering adding a robotic paint sprayer to its production line. The sprayer base price is $980,000 and would cost another $17,500 to install it the machine falls into the MACRS 3year class and it would be sold after 3 years for $534,000. The MACRS rates for the first three years are 0.3333, 0.4445, and 0.1481. The machine will require an increase in net working capital (inventory) of $14,000. The sprayer would not change revenues but it is expected to save the firm $352,000 per year in before tax operating cost, mainly labor. Campbells marginal tax rate is 25%. What is the year 0 net cash flow? What are the net operating cash flows in years 1, 2, and 3? Year 1$ Year 2 $ Year 3$ What is the additional year 3 cash flow If the project cost of capital is 14% what is the NPV of the port? If the projects cost capital is 14% what is the NPV of the project? Should the machine be purchased?