13. Project Evaluation [LO1] Dog Up! Franks is looking at a new sausage system what is the NPV of this project? with an installed cost of $560,000. This cost will be depreciated straight-line to zero over the project's five-year life, at the end of which the sausage system can be scrapped for $85,000. The sausage system will save the firm $165,000 per year in pretax operating costs, and the system requires an initial investment in net working capital of $29,000. If the tax rate is 34 percent and the discount rate is 10 percent