ABC is considering the purchase of a new machine for a four-year expansion project. The machine will cost $64.000 plus $18,000 for shipping and handling Using the straight line depreciation method, the machine will be depreciated to $2,000 book value over a 4-year period. ABC forecasts that revenues will increase by 5104,000 and operating expenses will increase by 5100,000 for each of the next four years and will then be sold for 515,000 at end of the year four when the project ends. The new coachine would reduce NWC by 56,000. ABC tax rate is 25% and its rate of return is 10. What is the NPV of the project? $21,80739 $24.184.79 $26,562.10 $28.000 39