Could you explain part B?

Thanks

You are considering whether to expand your small business. Expansion will require an initial investment of $100,000 which will be depreciated over 5 years using the straight-line method and have zero salvage value. This investment would be financed using a 3 year loan which will be repaid over 3 years as shown in the table below. If you expand, you are projecting an increase in both revenue and expenses over the next 6 years as shown in the table below. a. Using a marginal tax rate of 25%, complete the depreciation, taxable income, tax, and NATCF columns in the table below. b. The interest rate being charged on the loan used for this investment is 5%. If the business used a 10% discount rate, would the NPV of this investment be larger using the loan to finance it or would it be larger if the business used equity to fully finance the initial investment? Circle your choice, and briefly justify your