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hightmargin corvenience store by selling his gasoline at a lower price. Howover, the Gas n Go is unable to qualify for volume discounts on its

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hightmargin corvenience store by selling his gasoline at a lower price. Howover, the "Gas n Go" is unable to qualify for volume discounts on its gasoline purchases, and therefore cannot sell gasoline for profit if the paice is lowered Each new pump will cost $140,000 to install, but will increase customer traflic in the store by 13,000 customers per year Also, because the "Gas n ' Go" would be seling its gasoline a no profit. Darren plans on inceasing the profit margin on convenience store items incrementally over the next five years. Assume a discount rate of 7 percent. The projected copvenience store sales per customer and the projected profit margin for the next five years are given in the table below. a. What is the NPV of the next five years of cash fows if Darten had feli new punnes inslated? NPV=5 (Enter your mesponse rounded to hwo decimal places)

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