Pickering Manufacturing Limited $($PML$)$ is considering purchasing a widget maker. The widget maker will result in before tax cost savings of $$400,000$ per year for $15$ years. Assume CCA rate of $25\%.$ After $15$ years of use salvage value of the widget maker will be $0.$ Asset pool will remain open. The widget maker will not add$/$reduce the risk of the firm. Cost of unlevered equity is $10\%,$ corporate tax rate is $40\%,$ and risk free rate of return is $3\%.$ Hint: Use risk free rate to discount CCATS