A project requires a $1 million initial investment, and will yield incremental after-tax cash flows of $225,000 next year, and this will decline forever at rate of g = -5% per year. What is the NPV of this project if the required return is 12% per year?

An asset that costs $3 million dollars will be depreciated to a zero book value across a 12 year project using the straight-line method. What is the depreciation amount per year?

please answer both