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Kolby's Korndogs is looking at a new sausage system with an installed cost of $765,000 . This cost will be depreciated straight-ine to zero over

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Kolby's Korndogs is looking at a new sausage system with an installed cost of $765,000 . This cost will be depreciated straight-ine to zero over the project's six-year life, at the end of which the sausage system can be scrapped for $100,000. The sausage system will save the frm $188.000 per year in pretax operating costs, and the system requires an inial investment in net working capital of $46,000. If the tax rate is 35 percent and the discount rate is 7 percent, what is the NPV of this project? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16) NPV

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