Finance 3000 level- I am behind and really need your help We have a few example problems to learn on and I have no idea how to solve this one, it's a long problem but i really need the help. Please help me get started or help me understand this and what some of the abbreviations mean. The company you work for wants to add a new item to the line of products. The new equipment it will take to produce the item cost 10,000,000, shipping is 10,000, and installation costs are 300,000. It falls into the three year MACRS classification. The MACRS three-year depreciation rates are 33%, 45%, 15%, and 7%. The new item would immediately require an investment in NWC of 280,000. You plan to market the items for three years and then sell the machine for 500,000. You expect to sell 1,000 items per year at a price of 12,000. You expect variable manufacturing costs to be 7,000 per item and fixed costs to be 100,000 per year. If the tax rate is 35% and your weighted average cost of capital is 12% per year, what is the net present value of selling the new item? What should you do? PLEASE HELP