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55. Adobe Systems is considering a new investment whose data are shown below. The equipment would be depreciated on a straight-line basis over the project's

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55. Adobe Systems is considering a new investment whose data are shown below. The equipment would be depreciated on a straight-line basis over the project's 3-year life, would have a zero salvage value, and would require additional net operating working capital that would be recovered at the end of the project's life. Revenues and other operating costs are expected to be constant over the project's life. What is the project's NPV? (Please do not round the Intermediate calculations and round the final answer to the nearest whole number. WACC Net investment in fixed assets (basis) Required net operating working capital Straight-line depreciation rate Annual sales revenues Annual operating costs (excl. depr.) Tax rate A) $9,304 B) $7,536 C) $9,211 D) 58,188 D) $10,049 10.0% $75,000 $15,000 33.333% $66,000 $25,000 35.0%

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