Capital Budgeting Net Investment

"(Cash flows and NPV for a new project) Syracuse Roadbuilding Company is considering the purchase of a new tandem box dump truck. The truck costs$95,000, and an additional$5,000 is needed to paint it with the firm logo and install radio equipment. Assume the truck falls into the MACRS three-year class. The truck will generate no additional revenues, but it will reduce cash operating expenses by$35,000 per year. The truck will be sold for$40,000 after its five-year life. An inventory investment of$4,000 is required during the life of the investment. Syracuse Roadbuilding is in the 45% income tax bracket. a) What is the net investment? b) What is the after-tax net operating cash flow for each of the five years? "