Question: Please show steps NOT ON SPREADSHEET. if there is an easier way on calculator please show steps. thank you! NPV and Bonus Depreciation: Eggz, Inc.,

Please show steps NOT ON SPREADSHEET. if there is an easier way on calculator please show steps. thank you!
Please show steps NOT ON SPREADSHEET. if there is an easier way

NPV and Bonus Depreciation: Eggz, Inc., is considering the purchase of new equipment that will allow the company to collect loose hen feathers for sale. The equipment will cost $525,000 and will be eligible for 100% bonus depreciation. The equipment can be sold for $35,000 at the end of the project in 5 years. Sales would be $348,000 per year, with annual fixed costs of $56,000 and variable costs equal to 35% of sales. The project would require an investment of $40,000 in NWC that would be returned at the end of the project. The tax rate is 22% and the required return is 9%. What is the project's NPV

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