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29 00:04 ols Jasper Metals is considering installing a new molding machine which is expected to produce operating cash flows of $69,000 per year for

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29 00:04 ols Jasper Metals is considering installing a new molding machine which is expected to produce operating cash flows of $69,000 per year for 8 years. At the beginning of the project, inventory will decrease by $27.200, accounts receivables will increase by $26,600, and accounts payable will increase by $19.200 At the end of the project, net working capital will return to the level it was prior to undertaking the new project. The initial cost of the molding machine is $291,000 The equipment will be depreciated straight-line to a zero book value over the life of the project. The equipment will be salvaged at the end of the project creating an aftertax cash flow of $76.000. What is the net present value of this project given a required return of 11.4 percent? Mutiple Choice $98.109 $113,674 $112,954 $106.833

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