HELP WITH D

A company that manufactures recreational pedak boats has approached Thomas Cichanowiki to ask if he would be interested in using Current Designs' rotomold expertise and equipment to produce some of the pedal boat components. Thomas is intrigued by the idea and thinks it would be an interesting way of complementing the present product line. One of Thomas's hesitations about the propogal is that the pedal boats are a different shupe than the kayaks that Current Designs produces. As a result, the company would neod to buy an additional rotomold oven in order to produce the pedal boat components This project clearty im iolves risks, and Thomas wants to make sure thut the returns justify the ridks. In thiscase, since this is a new venture, Thomas thinks that a 15% discount rate is appropriate to ase to evaluate the profect. As an intern at Current Designs. Thomas has asked you to prepare an initial evaluation of this proposal. To aid in your analysic, he has provided the following information and assumptions 1. The new rotoenold even will have a cost of $302,000, satvage value of 50 , and an 8 year useful life. Straight-line depreciation will be used. 2. The projected revenues, costs, and results for each of the 8 years of this project are as follows. 1. The new rotomold oven will have a cost of $302,000, salvage value of $0, and an 8 year useful bife: 5 traight-fine depreciation will be used. 2. The oroiected revenues, costs. and results for each of the 8 years of this project are as follows. Tickhere to virw PV table Compute the net present value using a discount rate of 15%. (If the net present value is negative, use either a negative sign preceding the number es -45 or parentheses es. (45). Round answer to 0 decimal places, eg. 125. For calculation purposes, use 5 decimal ploces as disployed in the foctor table provided) Net present value Should the proposal be accepted using this discount rate? the proposal, eTextbook and Media Attempts: 0 of 3 used Compute the net present value using a discount rate of 8 of the net present value is negative, use either a neguthe sign preceding the number es -45 or parentheses es (45). Round answer to 0 decimal ploces es. 125. For calculation purposes, use 5 decimel ploces as disployed in the foctor table provided. Compute the payback period, (Round answer to 2 decimal places, eg, 15.25.)