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Delia Landscaping is considering a new 4-year project. The necessary fixed assets will cost 5181,000 and be depreciated on a 3 -year MacRS and have

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Delia Landscaping is considering a new 4-year project. The necessary fixed assets will cost 5181,000 and be depreciated on a 3 -year MacRS and have no salvage value. The MACRS percentages each year are 3333 percent, 44.45 percent, 14.81 percent, and 7.41 percent, respectively. The project will have annual sales of $118,000, variable costs of $31,300, and foced costs of $12,500. The project will also require net working capital of $3,100 that will be returned at the end of the project. The company has a tax rate of 21 percent and the project's required return is 10 percent. What is the net present value. of this project? Mutple Choice 525,452 $22020 520095 53546? \$2).245

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