Easy Payment is planning to house its new project in a building its owns, free and clear, and it would sell it for $$100,000($whenever it intends$)$ after taxes if it decides not to open the new office. The equipment costing $$65,000$ would be fully depreciated by SLM over the project's $3-$year life. If the new working capital required is $$18,000$ which stays constant over the project life is recovered fully in the end. If the annual revenues are $$150,000$ and operating costs excluding depreciation amounts to $$25,000$ what is the project's NPV$?$ Tax rate $=35\%$ and cost of capital is $12\%$