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 $47200 when we buy it. Assume a tax rate of 40% a. If we require a 15% return, what is the NPV of the purchase? (Do not round intermediate calculations. Round the final answer to 2 decimal places. Omit $ sign in your response.) NPV $ 925194 81 3 b. Suppose the monitor was assigned a 25% CCA rate. Calculate the new NPV (Do not round intermediate calculations. Round the final answer to 2 decimal places. Omit $ sign in your response.) NPV 5 15423913