2. A project requires an initial investment of $100,000 to purchase equipment. The equipment will be depreciated on a straight-line basis over the five-year life of the project. The company expects the project to generate $50,000 of additional revenue per year and $15,000 of additional expenses per year. Management is also concerned about potential product liability losses. The company's risk manager developed the following annual loss distribution: a. Calculate the project's net present value assuming the company has a required return of 10% and faces a marginal tax rate of 40%