Does your company want to purchase this machine that will provide cost savings of $$100,000$ annually for its useful life $(8$ years$)?$ The cost is $$250,000$; tax rate is $36\%$ and discount rate is $14\%.$Compute straight$-$line depreciation for $8$ years with zero salvage value. Calculate the cash flows and determine the NPV and IRR. Does your company want to buy this machine?

Please show in excel with formulas $($insert screenshots$)$