1. A Caribbean cruise line has purchased a new cruise ship for $670,000 and expects to realize a net revenue of $190,000.00 each year for the next 10 years. The estimated salvage value of the ship at the end of its useful life of 10 years is $52,000. Assume an effective income tax of 35% per year, denan after-tax MARR of 15% per vear. Calculate the present worth of ATCF if a straight-line depreciation method is used. (25 points)