You need to determine the viability of a project. The project will cost $$650,000$ today and have a life of $6$ years. It has an unusal CCA rate of $23\mathrm{.}0\%$ and is expected to be sold for $$50,000$ at the end of the project's life. Annual sales revenue is expected to be $$525,000$ and annual costs are expected to be $$375,000.$ The tax rate is $33\mathrm{.}0\%$ and the project's discount rate is $9\mathrm{.}5\%.$ Part A: Compute the NPV of the project and state whether you should proceed or not.

Part B: Oops $-$ the accountants made a mistake! The actual CCA rate is: $28\mathrm{.}0\%.$ Assuming all else is equal, compute the NPV of the project using the new CCA rate and state how much this improves or reduces the NPV of the project.