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Della Landscaping is considering a new 4-year project. The necessary fixed assets will cost $183,000 and be depreciated 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 $183,000 and be depreciated 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 741 percent, respectively. The project will have annual sales of $120,000, variable costs of $31900, and fixed costs of $12.550. The project will also require net working capital of $3,150 that will be returned at the end of the project. The company has a tax rate of 35 percent and the project's required return is 15 percent What is the net present value of this project? Multiple Choice $3231 0 0 0 0 $4893

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