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20) A garage is installing a new bubble-wash car wash. It will promote the car wash as a fun activity for the family, and it

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20) A garage is installing a new "bubble-wash" car wash. It will promote the car wash as a fun activity for the family, and it is expected that the noveltyr of this approach will boost sales in the medium term. If the cost of capital is 10%, what is the net present value (NPV) of this project? ------ ---- ---- ---- ---- : EBIT 124,700 124,700 - Income tax (35%) 43:645 43,645 = Incremental earnings 81,055 31,055 Capital expenditures 230,000 A. $150.10? B. -$151_.411 C. $73,159 D. $84,453

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