Question 4: A company is considering purchasing equipment costing $150,000. The equipment is

expected to reduce costs in years 1 & 2 by $35,000 annually, year 3 to 8 by $24,000 annually, and in year

9 by $7,500. In year 9, the equipment can be sold at a salvage value of $20,000. Calculate the NPV for this

proposal. [Hint: draw a timeline]

dont know this is what i got