Dog Up! Franks is looking at a new sausage system with an installed cost of $756, 600. This cost will be depreciated straight-line to zero over the project's 6-year life, at the end of which the sausage system can be scrapped for $116, 400. The sausage system will save the firm $232, 800 per year in pretax operating costs, and the system requires an initial investment in net working capital of $54, 320. Required: If the tax rate is 31 percent and the discount rate is 14 percent, what is the NPV of this project? $27, 074.69 $20, 056.34 $28, 428.43 $-9, 516.20 $56, 647.23