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Dog Upl Franks is looking at a new sausage system with an installed cost of $717,600. This cost will be depreciated straight-line to zero over

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Dog Upl Franks is looking at a new sausage system with an installed cost of $717,600. This cost will be depreciated straight-line to zero over the project's 5-year life, at the end of which the sausage system can be scrapped for $110,400. The sausage system will save the firm $220,800 per year in pretax operating costs, and the system requires an initial investment in net working capital of $51,520. Required: If the tax rate is 33 percent and the discount rate is 10 percent, what is the NPV of this project? O $49,129.73 O $68,659.87 O $22,731.56 O $3,201.42 O $51,586.22

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