#3: You are considering the purchase of a $200,000 computer-based inventory management system. It will be depreciated straight-line to zero over its four-year life. It will be worth $30,000 at the end of that time. The system will save you $60,000 before taxes in inventory-related costs. The relevant tax rate is 21 percent. Because the new setup is more efficient than your existing one, you will be able to carry less total inventory and thus free up $45,000 in net operating working capital. Your working capital will return to normal levels at the end of the four years. a) What is the NPV of the system if your company WACC is 16 percent? b) What is the IRR? c) What is the maximum price you would pay for the system to make this purchase sensible