Capital Budgeting problem: * Meyers Co. wants to install an espresso bar in their shop. The espresso bar costs $40.000 * In YRO they incurred consulting costs of $6,500 to evaluate the potential of an espresso bar. * The expresso bar has a useful life of 10 years and a salvage value of $5,000. Depreciation is calculated on a straight line basis. * They expect to sell the espresso bar after four years for $15,000. Working capital requirements are $3,500 starting immediately. * Tax Rate is 40% and the Cost of Capital is 13%. It is expected to generate the following revenues and expenses: Revenues Expenses YR1 $80,000 ($65,000) ($65,000) YR2 $80,000 YR3 $100,000 ($80,000) ($80,000) YR4 $100,000 Calculate the NPV. * When solving, do not round intermediate values. * Answer in dollars, without the dollar sign, rounded to two decimal places (e.g. 27.35)