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Dog Upl Franks is looking at a new sausage system with an installed cost of $755,000 This cost will be depreciated straight-ine to zero ovet

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Dog Upl Franks is looking at a new sausage system with an installed cost of $755,000 This cost will be depreciated straight-ine to zero ovet the project's 7-year life, at the end of which the sausage system can be scrapped for $105.000. The sausage system will save the firm $223,000 per year in pretax operating costs, and the system requires an initial investment in net working capltal of $75,000. If the tax rate is 25 percent and the discount rate is 8 percent, what is the NPV of this project? Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.9. 32.16. Answer is complete but not entirely correct

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