Apply WACC in NPV. Brawn Blenders has the following incremental cash flow for its new project Click on the Icon in order to copy its content into a spreadsheet Category T T1 T2 -$3,915,000 -$327,000 Investment Net working capital change Operating cash flow Salvage $327,000 $1,506,000 $1,506,000 $1,506,000 $318,000 Should Brawn accept or reject this project at an adjusted WACC of 10.12 % , 12.12 % , or 14.12 %