Mining Equipment Manufacturer is considering the purchase of a new building. The building would require an initial outlay of $$560,000.$ It would be depreciated using the straight$-$line method over $20$ years, with a $$24,000$ salvage value. The building would generate cash inflows of $$75,520/$ year; the company's income tax rate is $30\%$ and WACC is $8\%.$ Calculate the NPV of this project and decide whether the investment should be undertaken.

$\backslash$table$[[$Computations needed to compute NPV of project$],[$Depreciation tax shield,$5,8,040vv$