A startup is considering buying a $300,000 piece of equipment. If it purchases the equipment, it will take a loan for the entire amount; the interest on the loan is 3%, and the loan will be repaid in 5 equal end of year payments. The startup estimates that the equipment would generate an additional $160,000 of revenue each year. At the end of 5 years, the equipment would have a salvage value of $20,000. The tax rate is 25%. Assuming a planning horizon of 5 years, that the equipment is depreciated using MACRS (3-year property class), and that the medical practice uses an after-tax MARR of 7%,

Compute the PW and determine whether the startup should invest in the equipment Dont use programs to solve