dog up! Franks is looking at a new sausage system with an installed cost of $480,000. This cost will be depreciated straight line to zero over the projects five year life, at the end of which the sausage

15.00 points Dog Upl Franks is lookin depreciated straight-line to zero over the project's five-year life, at the end of which the sausage system can be scrapped for $ costs, and the system requires an initial investment in net working capital of $29,000. If the tax rate is 34 percent and the discount rate is 10 percent, what is the NPV of this project? (Do not round intermediate calculations and round your final answer to 2 decimal places. (e.g, 32.16) g at a new sausage system with an installed cost of $480,000. This cost will be 70,000. The sausage system will save the firm $160,000 per year in pretax operating NPV eBook & Resources References ing Objective: 10-01 How to di Worksheet the relevant cash flows for a proposed project Section: 10.6 Some Special Cases of Discounted Cash Flow Analysis Difficulty: Basic Check my work