Mario's is considering a new production line equipment project. See the data below.

The equipment that would be used has a 3-year tax life, would be depreciated by the straight-line method over its 3-year life, and would have a zero salvage value. That is, both the book value and salvage value will = zero at the end of the project. No new working capital would be required. Revenues and other operating costs are expected to be constant over the project's 3-year life (i.e., they are the same for each year). What is the project's NPV?

Risk-adjusted WACC	10.0%
Net investment cost (depreciable basis)	$75,000
Straight-line deprec. rate	33.3333%
Sales revenues, each year	$75,000
Operating costs (excl. deprec.), each year	$25,000
Tax rate	35.0%

Group of answer choices

$27,583

$28,993

$25,045

$27,612

$26,297