Dog Up! Franks is looking at a new sausage system with an installed cost of $670,800. This cost will be depreciated straight-line to zero over the project's 4-year life, at the end of which the sausage system can be scrapped for $103,200. The sausage system will save the firm $206,400 per year in pretax operating costs, and the system requires an initial investment in net working capital of $48,160. If the tax rate is 21 percent and the discount rate is 14 percent, what is the NPV of this project?

Multiple Choice

$-44,818.40

$-112,734.93

$-93,089.52

$-64,463.81

$-67,687.00