new piece of manufacturing equipment cost $820,000. This could be depreciated at 30% per year. The equipment would be worhless after 5years. The new equipment would also require the company to increase NWC by $36500. This new equipment would save the organization $300,000 per year before taxes and operating cost . our corporate tax rate is 40% you calculated the WACC to be 15% what is the NPV of this project. Accept or reject