A new electronic process monitor costs $$990,000.$ This cost could be depreciated at $30\%$ per year $($Class $10).$ The monitor would actually be worth $$100,000$ in five years. The new monitor would save $$460,000$ per year before taxes and operating costs. The new monitor requires us to increase net working capital by $$47,200$ when we buy it$.$ Assume a tax rate of $40\%.$

a$.$ Suppose the monitor was assigned a $25\%$ CCA rate. If the required rate of return is $15\%,$ calculate the new NPV$.($Do not round intermediate calculations. Round the final answer to $2$ decimal places. Omit $ sign in your response.$)$

NPV $ $..........($NOTE FOR EXPERT$)$ I checked many sample answers. Those are not accurate please help me to solve this question.