(12 marks) You are working on a bid to build five playgrounds a year for the next three years for a local community. This project requires the purchase of $162,000 of equipment which will be depreciated at a CCA rate of 25% over the next three years. The equipment can be sold at the end of the project for $80,000 ). The labour costs are expected to be $75,000 per year, fixed costs will be $5,000 a year and the materials will be $30,000 per playground per year. Your required rate of retum is 13% for this project. If your tax rate is 35%, what is the minimum amount that you should bid (before taxes) per playground