Lakeside Winery is considering expanding its winemaking operations. The expansion will require new equipment costing $695,000 straight line depreciation to zero over the 6-year fo of the project. The equipment will have a market value of $191,000 at the end of the project. The project requires $61,000 initially for not working capital which will be recovered at the end of the project. The operating cash flow will be $154,500 per year What is the net present value (NPV) of the project if the RROR/WACC IS 13% and the tax rate for Lakeside Winery is 40% Multiple Choice -$17,434 -$14,570 -$12,293 - $16,189 -$13,659