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All other examples do not show every step and how each number was calculated. Please be clear when showing how to solve. ZTX Co .

All other examples do not show every step and how each number was calculated.
Please be clear when showing how to solve.
ZTX Co. has decided to sell a new line of golf clubs. The clubs will sell for $748 per set and have a variable cost of $362 per set. The company has spent $164,557 for a marketing study that determined the company will sell 74,565 sets per year for seven years. The marketing study also determined that the company will lose sales of 8,557 sets per year of its high-priced clubs. The high-priced clubs sell at $1,003 and have variable costs of $503. The company will also increase sales of its cheap clubs by 10,776 sets per year. The cheap clubs sell for $386 and have variable costs of $146 per set. The fixed costs each year will be $14,253,869. The company has also spent $1,053,105 on research and development for the new clubs. The plant and equipment required will cost $27,696,306 and will be depreciated on a straight-line basis. The new clubs will also require an increase in net working capital of $2,116,700 that will be returned at the end of the project. The tax rate is 39 percent, and the cost of capital is 13 percent. Calculate the NPV for this project.

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