A university student painter is considering the purchase of a new air compressor and paint gun to replace an old paint sprayer (Both items belong to class 9 and have a 25% CCA rate). These two items cost $12000 and have a useful life of four years, at which time they can be sold for $1600. The old paint sprayer can be sold now for $500 and could be scrapped for $250 in four years. The entrepreneurial student believes that operating revenues will increase annually by $8000. The tax rate is 22% and the required rate of return is 15%. Should the purchase be made