ABC Enterprise is currently contemplating an investment decision regarding a machinery acquisition valued at

RM$1,500,000.$ The pertinent details are as follows:

The investment is expected to yield annual profits and net cash inflows totaling RM$800,000$ over the

subsequent four years.

A yearly capital allowance of $20\%$ can be claimed during the next four years, calculated based on the

reducing balance method using the written down value.

The corporate tax rate stands at $25\%.$

Tax payments are due one year after the taxable income is incurred.

At the conclusion of the fourth year, the machinery is planned to be divested for its written down value,

as per taxation requirements.

The applicable cost of capital for this venture is $10\%.$

Required: Determine the Net Present Value of the investment, including the detailed calculations.