Focus Furnitures is considering a new project with a 5-year lifespan that will likely generate earnings before interest 85 tax (EBIT) of $25000 per year. The project requires an initial investment of 3150.000 in equipment. which will be depreciated based on straight-line method with no residual values at the end (year 5). The operation will require additional investment in working capital of $30 000. which will be recovered at the end of the project (year 5). The interest expense will be 510.000 per year. Please evaluate this new project with NPV method if the tax rate is 3 5% and the cost of capital is 12%