A start-up biotech company is considering making an investment of $100,000 in a new filtration system. the associated estimates are summarized below. straight-line depreciation will be used,and the effective income tax rate is 20%. the after-tax MARR is 15% per year. Determine whether this investment is an attractive option for the company.

Please use present worth method and DO NOT COPY those wrong answer from chegg please!! Thank you.

$75,000 Annual receipts $45,000 Annual expenses 8 years Useful life Terminal book value (EOY 8) $20,000 Terminal market value $0