Give typed solution with explanation

8. You are an expert at working with computers and you are considering setting up a software development company when you graduate from Southwestern University in May. You anticipate that in order to do this, you will need $100,000 of computer hardware in May. This hardware can be depreciated in a straight-line method over five years to a salvage value of zero. In addition to the hardware, you will need to rent office space for the amount of $50,000 per year and hire five software specialists at a cost of $75,000 per year for each specialist (assume you do not hire the specialists or need the office space until year 1). You expect your marketing and selling costs to be $100,000 per year in order to make the public aware of your new software (which also begin in year 1). Based on initial surveys, you expect to sell your software at $100 per unit and sell 6,000 units in the first year, and those sales will increase 10% per year for the remaining four years after that. Your costs are estimated to be at $20 per unit and you will need to maintain a level of working capital equal to 10% of the annual revenues for that year (assume that this working capital investment is made at the beginning of the year). Assume your tax rate would be 35% and your opportunity cost of capital is 10%. Should you start this business?