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A new electronic process monitor will cost Clarke Designs $158.000 This cost will be deprecated at 25 percent per year. The monitor will actually be

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A new electronic process monitor will cost Clarke Designs $158.000 This cost will be deprecated at 25 percent per year. The monitor will actually be worthless in six years. Assume the company has no other assets in the asset class. The new monitor would save Clarke $54.000 per year before taxes in operating costs. It care requires a 12.5 percent return what is the NPV or the purchase? Assume a tax rate of 38 percent. (Do not round Intermediate calculations. Round the final answers to 2 decimal places, Omit 5 sign in your response.) NPV

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