An asset is planned to be purchased with an initial value of $400,000 and an estimated salvage value of $50,000 after 5 years of use. It will be depreciated using the straight-line method. . With this asset $500,000 of annual income will be generated and there will be annual costs of $100,000 The Trema = m = 10% per year 1 The annual tax rate is 40% Calculate the present value of this investment and make a recommendation