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Creole Restaurant is considering the purchase of a $ 9 , 1 0 0 souffl maker. The souffl maker has an economic life of five

Creole Restaurant is considering the purchase of a $9,100 souffl maker. The souffl maker has an economic life of five years and will be fully depreciated by the straight-line method. The machine will produce 1,550 souffls per year, with each costing $2.20 to make and priced at $4.80. Assume that the discount rate is 12 percent and the tax rate is 35 percent. What is the NPV of the project?FF $9.100.00$5,638.90$11,738.95$9,638.95$2,638.95

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