4. Suppose you have purchased an equipment of $95000, which has a salvage value of $5000 and is depreciated at a straight line method for next 5 years. With the adoption of machinery the company is able to increase its sales by $42000 for next 5 years, the operating expenses incurred is $15000 with an expected growth of 2% per year for next 5 years. The tax rate is of 35%. The equipment is sold at the end of 5 years at its salvage value. Considering the cost of capital to be 12% Calculate NPV and IRR of the given project