I really only need help with calculating the NPV. All the other calculations are correct.

DataPoint Engineering is considering the purchase of a new piece of equipment for $280,000. It has an eight-year midpoint of its asset depreciation range (ADR). It will require an additional initial investment of $180,000 in nondepreciable working capital. $45,000 of this investment will be recovered after the sixth year and will provide additional cash flow for that year. Income before depreciation and taxes for the next six are shown in the following table. Use Table 1211, Table 1212. Use Appendix B for an approximate answer but calculate your final answer using the formula and financial calculator methods. Year 1 2 3 4 5 Amount $197,000 168,000 138,000 123,000 99,000 89,000 The tax rate is 25 percent. The cost of capital must be computed based on the following: Debt Preferred stock Common equity (retained earnings) Kd Cost (aftertax) 6.30% 10.40 15.00 Weights 30% 10 60 a. Determine the annual depreciation schedule. (Do not round intermediate calculations. Round your depreciation base and annual depreciation answers to the nearest whole dollar. Round your percentage depreciation answers to 3 decimal places.) Year Depreciation Base 1 $ 280,000 Percentage Annual Depreciation Depreciation 0.200 $ 56,000 0.320 89,600 0.192 53,760 0.115 32,200 2 280,000 280.000 3 4 280,000 5 280.000 0.115 32,200 6 280,000 0.058 16,240 $ 280,000 b. Determine the annual cash flow for each year. Be sure to include the recovered working capital in Year 6. (Do not round intermediate calculations and round your answers to 2 decimal places.) Year Cash Flow $ 161,750 1 2 148,400 3 4 116,940 100,300 82,300 115,810 5 6 c. Determine the weighted average cost of capital. (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.) Weighted average cost of capital 11.93% d-1. Determine the net present value. (Use the WACC from part c rounded to 2 decimal places as a percent as the cost of capital (e.g., 12.34%). Do not round any other intermediate calculations. Round your answer to 2 decimal places.) Net present value d-2. Should DataPoint purchase the new equipment? O Yes ONo