please show all work

Problem 2 (15 points) Star Metal Fabricators, Inc. has an opportunity to modify the current assembly-line by adding a new piece of equipment that will improve operations. The new equipment will cost $750,000 now and will last five years and have a salvage value of $40,000 at the end of five years. The company applies the straight-line method of depreciation. The new equipment will enhance assembly operations and save the company $195,000 in cash operating expenses each year for five years. However, at the end of year 2, the equipment will require a special overall that will cost $25,000. The new equipment will also require the dedication of S30,000 in working capital during the five years and will be released at the end of the fifth year. The minimum, required rate of return established by management for all projects is 9%. And the company's current ROI is 12%. Ignore income taxes. Requifee the net pe rate o Star Calculate the net present value of this proposal. Show all calculations. Calculate the simple rate of return of this proposal. Show all calculations What do you recommend for Star Metal Fabricators and why