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Eggz, Incorporated, is considering the purchase of new equipment tha allow the company to collect loose hen feathers for sale. The equipmen cost $455,000 and

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Eggz, Incorporated, is considering the purchase of new equipment tha allow the company to collect loose hen feathers for sale. The equipmen cost $455,000 and will be eligible for 100 percent bonus depreciation. equipment can be sold for $63,000 at the end of the project in five y Sales would be $347,000 per year, with annual fixed costs of $53,000 variable costs equal to 40 percent of sales. The project would requir investment of $37,000 in NWC that would be returned at the end of project. The tax rate is 21 percent and the required return i: percent. Calculate the NPV of this project. (Do not round intermer calculations and round your answer to 2 decimal places, e.g., 32.16.)

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