Kolby's Korndogs is looking at a new sausage system with an installed cost of $$680,000.$

This cost will be depreciated straight$-$line to zero over the project's $5-$year life, at the end

of which the sausage system can be scrapped for $$90,000.$ The sausage system will

save the firm $$193,000$ per year in pretax operating costs, and the system requires an

initial investment in net working capital of $$45,000.$

What is the aftertax salvage value of the equipment? $($Do not round intermediate

calculations and round your answer to the nearest whole number, e$.$g$.,32.)$

Aftertax salvage value

What is the annual operating cash flow? $($Do not round intermediate calculations and

round your answer to the nearest whole number, e$.$g$.,32.)$

OCF

If the tax rate is $25$ percent and the discount rate is $9$ percent, what is the NPV of this

project? $($Do not round intermediate calculations and round your answer to $2$ decimal

places, e$.$g$.,32\mathrm{.}16.)$

NPV