James Construction purchased machinery worth $800,000 on January 1, 2022, with Straight Line depreciation, 15 years, and no residual value. They need to build a platform for $28,000 cash on January 1, 2022. They have agreed to restore the site at the end of its useful life. They estimate the cost to restore will be $35,000. Their interest rate is 5%. Record the purchase of the machinery, the building of the platform, and any other entries required for 2022 and 2023. Show all steps.

Show NPV calculation using excel and tables.