Need answer A and B to question 9 pls

Help Save & Exit Subr Check my wor Better Mousetraps has developed a new trap. It can go into production for an initial investment in equipment of $6.0 million. The equipment will be depreciated straight-line over 6 years to a value of zero, but in fact it can be sold after 6 years for $511,000. The firm believes that working capital at each date must be maintained at a level of 10% of next year's forecast sales. The firm estimates oints production costs equal to $1.80 per trap and believes that the traps can be sold for $7 each. Sales forecasts are given in the following table. The project will come to an end in 6 years, when the trap becomes technologically obsolete. The firm's tax bracket is 35%, and the required rate of return on the project is 8%. Use the MACRS depreciation schedule. eBook Year : H Thereafter Sales (millions of traps) 0. 4 0. 5 0.6 0.6 0.5 0.4 Print a. What is project NPV? Note: Do not round intermediate calculations. Enter your answer in millions rounded to 4 decimal places. NPV million b. By how much would NPV increase if the firm uses double-declining-balance depreciated with a later switch to straight-line when remaining project life is only two years? Note: Do not round intermediate calculations. Enter your answer in whole dollars not in millions. The NPV increases by