22. Martan Ltd is considering buying a new machine which would have a useful economic life of five years, a cost of Tashs 100 million and a scrap value of Tshs 5 million. The machine would produce 50,000 units per annum of a new product with an estimated selling price of Tshs 3,000 per unit. Direct costs would be Tshs 1,750 per unit and annual fixed costs, including depreciation calculated on a straight-line basis, would be Tshs 40 million per annum. In years 1 and 2, special sales promotion expenditure, not included in the above costs, would be incurred, amounting to Tshs 10 million and Tshs 15 million respectively. As a consequence of this particular project, investment by the company in debtors and stocks would increase, during year 1, by Tshs 15 million and Tshs 20 million respectively, 208 and creditors would also increase by Tshs 10 million. At the end of the machine's life, debtors, stocks and creditors would revert to their previous levels. Evaluate the project using the NPV method of investment appraisal, assuming the company's cost of capital is 10 percent