Given the data in the following table: the NPV ar this project is $

NOTE: The table below applles to questions $32$ to $36($It is included on each of these questions$).$

ASC, Ino. is considering the production of a now line of soft drinks at lls Springneld, IL plant The CFO of ASC, Ino. is provided with the following information on the new project:

$2$ Tie expansion will require the inimediate purchase of new machiriery for $$29,000,000$

The firm has spent $$1\mathrm{.}000,000$ to train workors to use the new machinery.

The incremerital sales from this project are oxpected to be $$19,500,000$ per year. The incremental operating exponses $($ercluding depreciation$)$ are expecled to equal $$11,300,000$ per yoar.

$2$ The company uses straight$-$line depreciation. The project has an economio life of $10$ years. The machinery has a salvage value of $$1,000,000$ and will be sold for that amount at the conclusion of the project.

The company will increase nel working capltal by $$1,200,000$ at the beginning of the project, and It will be liquidated at the end of the project.

$2$ ASC Inc $\text{'}$s marginal tax rate is $40\%.$

ASC Inc.$\text{'}$s weighted average cost of capital $($WACC$)$ is $10\%.$

$14,134,861\mathrm{.}08$

$7,761,380\mathrm{.}56$

$7,816,794\mathrm{.}85$

$10,503,535\mathrm{.}11$

$9,269,815\mathrm{.}19$

Your work will be submitted in $5$ minutes.