Calculate the NPV for the following project. The company wants to determine whether it should expand and purchase a new piece of equipment (20% CCA Rate). The equipment will cost $100,000, have a useful life of 20 years, and have a projected salvage value of $5,000. By purchasing the equipment, the company can increase its net revenues by $7,500 per year. Using a discount rate of 10% and a tax rate of 30%, should the company purchase the equipment?