The momentum equation is
p1*A1_+A1/v1*V1^2=(A2/v2*V2+A1/v1*V1)*V3+p3*A3
or using M as the mass transfer rate
p1*A1+M1*V1=(M1+M2)*V3+p3*A3 eq (1)
conserving horizontal momentum
The energy equation is
M1*(p1*v1+u1+V1^2/2)+M2*(p2*v2+u2+V2^2/2)=(M1+M2)*(p3*v3+u3+V3^2/2)
or using enthalpy,h for u +pv
M1*(h1+V1^2/2)+M2*(h2+V2^2/2)=(M1+M2)*(h3+V3^2/2) eq(2)
M3=*A3*V3/v3 , continuity eq(3)
Knowns
M1,M2,p1,h1,T1,p2,h2,T2
Unknowns
V3,,p3,h3,u3,v3,T3
u3=u3(T) = cv*T3 internal energy eq(4)
h3=p3v3+u3=h3(T)= cp*T3 enthalpy eq(5)
6 unknowns, 5 equations so far
The final equation is the flow equation from 3 to the entrance of the compressor, point 4 (my point) which is
(p3*v3+u3+V3^2/2g)= p4*v4+u4+V4^2/2g)+integral(fl/D*V^2/2g) +Q
which is usually handled numerically between the heat sinks.But p4 and V4 are negligible as well as the friction term,integral(fl/D*V^2/2g) vs the heat rejected, so I think, the flow equation is approximately, although the friction term could be included with some labor.
p3*v3+u3+V3^2/2g = Q eq(6)
where Q is the heat rejected to the regenerator and the precooler.
6 equations, 6 unknowns should be solvable.
Now if you know p3 when there is no bypass,M2=0, then
p’3*v’3+u’3+V’3^2/2g = Q ‘ using primes for this case, then
p3 for the case M2=0 should be the same as p’3 determined above.Of course you need to know Q and Q'.