NWP Assessment Builder UI X NWP Assessment Player Ul A Player x A Player (7) WhatsApp x C | Chegg.com x + education.wiley.com/was/ui/v2/assessment-player/index.html?launchld=68dfcd06-b7c9-4ac1-8614-0a900860a274#/question/1 Lab 13 on Ch 13: Investment Appraisal Question 2 of 9 > View Policies 26C Mostly cloudy -15 Current Attempt in Progress Timo Corporation, which operates an amusement park, is considering a capital investment in a new ride. The ride would cost $136,000 and have an estimated useful life of 5 years. The park will sell it for $67,800 at that time. (Amusement parks need to rotate rides to keep people interested.) The ride will be expected to increase net annual cash flows by $24,700. The company's borrowing rate is 8%. Its cost of capital is 10%. Click here to view PV table. Calculate the net present value of this project to the company. (If the net present value is negative, use either a negative sign preceding the number e.g. -45 or parentheses e.g. (45). For calculation purposes, use 5 decimal places as displayed in the factor table provided, e.g. 1.25124. Round present value answer to O decimal places, e.g. 125.) Net present value eTextbook and Media Save for Later Pr Attempts: 0 of 3 used Submit Answer ENG IN 02:37 27-07-2022