Ventilation Division: Industrial Air Filtration System $($IAFS$)$ Projections The Ventilation Division will manufacture the IAFS using idle facilities. This plant can produce up to $260$ units per year over the product$$s $10-$year life. An outside appraiser indicated that the plant is worth $$3,000,000,$ which breaks down as $$1,400,000$ for the land and $$1,600,000$ for the building which at the moment has UCC of $1,750,000.$ New production equipment costing $$5,800,000$ is also required. It is believed that the land will have a residual value of $$1,800,000$ at the end of the project$$s life, while the building and equipment will be worth $$500,000$ and $$250,000.$ The building is subject to a CCA rate of $4\mathrm{.}0\%$ and the equipment is subject to a CCA rate of $20\mathrm{.}0\%.$ Incremental net working capital of $$600,000$ is also needed, which will be liquidated at the end of the product$$s life. IAFS sales are estimated to be $70$ units in the first year and will grow by $25\mathrm{.}0\%$ a year until plant capacity is reached. The unit price is $$120,000$ and unit costs are $$100,000$ per unit, which includes direct materials, direct labour, and manufacturing overhead. The Ventilation Division must also pay a $$10,000$ licensing fee per unit for the vacuum cleaner technology. Incremental selling and administration costs will be $$350,000$ per year. Would also like you calculate Capital cost Allowance