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How would this be done WITHOUT EXCEL ( Solved Manually) In the most simple way possible? Glenora Inc. is considering the following project: The equipment

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How would this be done WITHOUT EXCEL (Solved Manually) In the most simple way possible?

Glenora Inc. is considering the following project: The equipment has a 4-year project life. This equipment falls into class 43 with a CCA rate of 30% and would have zero salvage value. The firm has other assets in asset class 43 . No new working capital would be required. Revenues and cash operating costs are expected to be constant over the proiect's 4-vear life. What is the project's NPV? a. $19,417 b. $23,401 c. $16,284 d. $28,499

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