Find the NPV$.$ The project requires purchasing a $$750,000$

machine that will have a $$325,000$ salvage value at the end

of the project. Anticipated sales are $$1,000,000,$ COGS are

$$365,000,$ SG&A are $$299,000,$ and depreciation is straight$-$

line to $0$ over the project's eight year life. The tax rate is

$40\%$ and the discount rate is $15\%.$

Sometimes the depreciation calculation is done to

deprecitate down to the salvage value:

Depreciation $=($cost $-$ estimated salvage$)\frac{?}{?}$ project life

Recalculate NPV using this method $($you might want to copy

and paste the entire analysis so that there are two in your

sheet$).$ What happens to NPV$?$ What is going on here?

$*$Please do the recalculation of NPV using the depcrecitation method.