We believe we can sell $90,000$ home security devices per year at $$150$ per piece. They cost $$130$ to manufacture $($variable cost$).$ Fixed

production costs run $$215,000$ per year. The necessary equipment costs $$785,000$ to buy and would be depreciated at a $25\%$ CCA

rate. The equipment would have a zero salvage value after the five$-$year life of the project. We need to invest $$140,000$ in net working

capital up front; no additional net working capital investment is necessary. The discount rate is $19\%,$ and the tax rate is $35\%.$ What is theA new electronic process monitor costs $$990,000.$ This cost could be depreciated at $30\%$ per year $($Class $10).$ The monitor would

actually be worth $$100,000$ in five years. The new monitor would save $$460,000$ per year before taxes and operating costs. Suppose

the new monitor requires us to increase net working capital by $$47,200$ when we buy it$.$ If we require a $15\%$ return, what is the NPV of

the purchase? Assume a tax rate of $40\%.($Do not round intermediate calculations. Round the final answer to $2$ decimal places. Omit

$ sign in your response.$)$

NPV of the project? $($Do not round your intermediate calculations. Round the final answer to $2$ decimal places. Omit $ sign in your

response.$)$

NPV $