The full question is there, I just need the lower portion calculated please show stepsCash Flows and NPV $($LO$2)$ We project unit sales for a new household$-$use laser$-$

guided cockroach search and destroy system as follows:

The new system will be priced to sell at $$380$ each.

The cockroach eradicator project will require $$1,800,000$ in net working capital to

start, and total net working capital will rise to $15\%$ of the change in sales. The variable

cost per unit is $$265,$ and total fixed costs are $$1,200,000$ per year. The equipment nec$-$

essary to begin production will cost a total of $$24$ million. This equipment is mostly

industrial machinery and thus qualifies for CCA at a rate of $20\%.$ In five years, this

equipment will actually be worth about $20\%$ of its cost.

The relevant tax rate is $35\%,$ and the required return is $18\%.$ Based on these prelimi$-$

nary estimates, what is the NPV of the project?