find the NPV of the equipment purchase with all the calculations

Company XYZ, Inc. is considering the purchase of a new equipment for $600,000. The firm's old equipment has a book value of $95,000, but can only be sold for $55,000. a The new equipment will be subject to 25% CCA. It is expected to generate additional revenue of $5,000,000 per year with related expenses of 3,500,000 for 10 years before taxes. XYZ is in the 40% tax bracket. XYZ capital structure is 45% equity and 55% debt. Cost of equity is 13.5% and cost of debt 9% before tax. Salvage value of equipment after 10 years will $25,000