Lakeside Winery is considering expanding its winemaking operations. the expansion will require bee equipment costing $693000

zero over the 6 year life of the project, The equloment will have a market value of 5185,000 of the end of the project. The project requires $55,000 initially for riet working capial, which wili be recovered at the end of the project. The operabog cash fow will be $150.400 a year What is the net present value of this project if the resevant dscount rate is 11 percent and the taxiate is 23 percent? 51679 54..842 50302 3sin6sin2 515310