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Della Landscaping is considering a new 4-year project. The necessary fixed assets will cost $169,000 and be depreclated on a 3-year MACRS and have no

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Della Landscaping is considering a new 4-year project. The necessary fixed assets will cost $169,000 and be depreclated on a 3-year MACRS and have no salvage value. The MACRS percentages each year are 33.33 percent, 44.45 percent, 14.81 percent, and 7.41 percent, respectively. The project will have annual sles of $104,000, variable costs of $27,600, and fixed costs of $12,200. The project will also require net working capital of $2,800 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 9 percent. What is the net present value of this project? Multiple Choice $15.054 $12,829 $16.930 $13.996 $24,547

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