ABC Company is considering manufacturing a new style of shirt, whose data are shown below. The equipment to be used would be depreciated by the straight-line method over its 3-year life and would have a zero-salvage value and would be able to reduce NWC by $2,500. Revenues and other operating costs are expected to be constant over the project's 3-year life. However, this project would compete with other Weston's products and would reduce their pre-tay annual cash flows. What is the project's NPV? WACC 10.0% Pre-tax cash flow reduction for other products $5,000 Investment cost (depreciable basis) $80,000 Shipping and Installation cost $10,000 Sales revenues, each year for 3 years $70,000 Annual operating costs (excl. deprec.) $25,000 Tax rate 40%