Dog Up! Franks is looking at a new sausage system with an installed cost of $483,600. This cost will be depreciated straight-line to zero over the project's 10-year life, at the end of which the sausage system can be scrapped for $74,400. The sausage system will save the firm $148,800 per year in pretax operating costs, and the system requires an initial investment in net working capital of $34,720. If the tax rate is 25 percent and the discount rate is 14 percent, what is the NPV of this project?

Multiple Choice

$158,842.48

$161,581.34

$136,226.85

$151,278.55

$176,633.05