Solve using excel and it's functions: ABC Inc. is debating the purchase of a new digital printer that will replace an older printer. The printer they acquired $2$ years ago for $$500,000$ is worth $$220,000$ today and will have a salvage value of $$80,000$ after $5$ more years. The printer generates revenues of $$750,000$ per year. The costs of operating the printer are $$480,000$ per year. The company currently has $$110,000$ invested in operating net working capital. The investment in operating net working capital will remain at this level for the remaining $5$ years of the project. $$ The new printer will cost $$830,000.$ It will cost $$60,000$ to install the new printer. The new printer will generate revenues of $$1,120,000$ per year. In addition, the costs of operating the new printer will be $$550,000$ per year. The company will have to increase its investment in operating net working capital to $$175,000$ at time zero. The investment in operating new working capital will remain at this level for the remaining $5$ years of the project. After $5$ years, the new machine will have a salvage value of $$140,000.$ The company has just received a report from a consulting firm that conducted an analysis on replacing the old printer with a new one. The company paid $$55,000$ for the report. The consultants recommended that the company replace the old printer with a new printer since the average accounting rate of return was $10\mathrm{.}5\%.$ The company$$s corporate tax rate is $38\%,$ the CCA rate is $24\%,$ and the required rate of return is $12\%.$ Assume the asset class remains open at the end of the project. Using Net Present Value $($NPV$)$ calculation, determine if the company should purchase the new printer. Show all work.