Please do it step by step calculation. It will help me understand

Clearview Systems Ltd. is considering the purchase of new machine for $375,000. The firms old machine has a book value of $50,000 but can be sold today for $20,000. The new machine will be subject to a CCA rate of 25 percent. It is expected to save an annual cash flow of $62,000 per year for 8 years through reduced fuel and maintenance expenses. The company will need to invest $12,000 in spare parts inventory (working capital) when they purchase the machine. At the end of thee 8 years the company believes it can sell the machine for $40,000. Clearview Systems Ltd. has a 12 percent cost of capital and a 30 percent tax rate.

A. Complete the following table by entering the present value, after tax, of each of the following cash flows;

- Enter all cash flows net of tax, where applicable

- Round all cash flow numbers to zero decimal places

- Enter cash outflows as negative numbers

Description	Present value, after tax
Initial investment	$(375,000)
Trade-in
Expense savings
Salvage
CCA tax shield
Working capital (net of recovery)
Net Present Value