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 novelty of this approach will boost sales in the medium term. If the cost of capital is 8%, by using the data in the table above, calculate the net present value (NPV) of this project.

Question Help . Year o Year 1 Year 2 Year 4 310000 130000 -65000 Year 3 440000 -220000 220000 -6700 65000 -6700 -70000 440000 -220000 220000 -6700 -70000 143300 -50155 Revenue Cost of Goods Sold Gross Profit Selling, General and Admin Depreciation EBIT Income tax (35%) Incremental Earnings O A. $144,992 B. - $130,493 OG $159.491 OD - $137.742 155000 155000 -6700 -70000 78300 -27405 -70000 143300 - 11700 4095 -50155 -15795 93145 93145 50895 -70000 -70000 -70000 -70000 143300 78300 Depreciation EBIT Income tax (35%) Incremental Earnings - 11700 4095 143300 -50155 -50155 -27405 - 15795 93145 93145 50895 Capital Purchaes -280,000 Change to NWC -5,000 -5,000 -5,000 -5.000 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 novelty of this approach will boost sales in the medium term. If the cost of capital is 8%, by using the data in the table above, calculate the net present value (NPV) of this project. O A. $144,992 OB - $130,493 OC. $159.491 OD. -$137,742