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Carlisle Company has been cited and must invest in equipment to reduce stack emissions or face EPA fines of $17,500 per year. An emission reduction

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Carlisle Company has been cited and must invest in equipment to reduce stack emissions or face EPA fines of $17,500 per year. An emission reduction filter will cost $50,000 and will have an expected life of 5 years. Carlisle's MARR is 12 %/Year. Click here to access the TVM Factor Table Calculator Parta Your answer is incorrect. What is the present worth of this investment? Carry all interim calculations to 5 decimal places and then round your final answer to the nearest dollar. The tolerance is 45

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