10 points Seved ABC Company is considering manufacturing a new style of shirt, whose data are shown below. The equipment to be used would be depreciated by the straight-line method over its 5 year life and would have a zero-salvage value and would require additional NWC by $4.000 Revenues and other operating costs are expected to be constant over the project's 5 year life. However, this project would compete with other Weston's products and would reduce their pre-tax annual cash flows. What is the project's NPV? WACC 10.09 Pre-tax cash flow reduction for other products $8,000 Investment cost (depreciable basis) $80,000 Shipping and Installation cost $10,000 Sales revenues, each year for 5 years $63.000 Annual operating costs (excl. deprec) $27,000 Tax rate 3598