What is the NPV in each case and what is the expected NVP

Intro DeLuxe Furniture is thinking of buying a wood cutting machine for $200,000 that would save it $35,000 per year in production costs. The savings would be constant over the project's 3-year life. The machine is to be linearly depreciated to zero and will have no resale value after 3 years. The machine would require an additional $8,000 in working capital. The appropriate cost of capital for this project is 12% and the company's tax rate is 35%. Year 0 Year 1 Year 2 Year 3 0 35,000 35,000 35,000 0 66,667 66,667 66,667 0 -31,667 -31,667 -31,667 Cost savings Depreciation EBIT Taxes (35%) Net income Depreciation OCF FA inv. AWC FCF