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Liberty Alravys is considering an investment of $860,000 in toket purchasing kosks at selected aiports. The kosks (harqware and software) hwe an expected ife of

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Liberty Alravys is considering an investment of $860,000 in toket purchasing kosks at selected aiports. The kosks (harqware and software) hwe an expected ife of four years. Extra ticket sales are expecied to be 58,000 per year at a docount price of $45 per lichel. Fined costs, excluding depreciation of the equipment, are $430,000 per year, and variabie costs are $23 per ticket. The kiosks wil be deprecialed over four years, using the St method with a zero salvage value. The onedine commitment of woding capital is expected to be tito of annual sales dollars. The after-tax MAPR is 20 pe per year, and the compary pays income tax at the rate of 24%. Whats the after-tax. PN of this proposed inestment? Should the investrent be made? Clck the ioon to vew the interest and annulty table for divcrede compounding when the MurR is 200 per yese. The after-tax PW of this proposed iwestment is 4 thousand. Found to the nearest whole number.)

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