please help!

Saved Masters Machine Shop is considering a four-year project to improve its production efficiency. Buying a new machine press for $758,400 is estimated to result in $252,800 in annual pretax cost savings. The press falls in the MACRS five-year class (MACRS Table), and it will have a salvage value at the end of the project of $110,600. The press also requires an initial investment in spare parts inventory of $31,600, along with an additional $4,740 in inventory for each succeeding year of the project. of the shop's tax rate is 24 percent and its discount rate is 19 percent, what is the NPV for this project? Parker & Stone, Inc., is looking at setting up a new manufacturing plant in South Park to produce garden tools. The company bought some land 8 years ago for $5 million in anticipation of using it as a warehouse and distribution site, but the company has since decided to rent these facilities from a competitor instead. If the land were sold today, the company would net $9.4 million. The company wants to build its new manufacturing plant on this land; the plant will cost $14.2 million to build, and the site requires $1,316,000 worth of grading before it is suitable for construction What is the proper cash flow amount to use as the initial investment in fixed assets when evaluating this project