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Cori's Dog House is considering the installation of a new computerized pressure cooker for hot dogs. The cooker will increase sales by $ 7 ,

Cori's Dog House is considering the installation of a new computerized pressure cooker for hot dogs. The cooker will increase sales by $7,600 per year and will cut annual operating costs by $13,700. The system will cost $47,400 to purchase and install. This system is expected to have a 6-year life and will be depreciated to zero using straight-line depreciation and have no salvage value. The tax rate is 21 percent and the required return is 11.2 percent. What is the NPV of purchasing the pressure cooker?
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$19,167
$33,663
$4,993
$30,357
$5,640

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