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oley Systems is considering a new project whose data are shown below. Under the new tax law, the equipment for the project is eligible for

image text in transcribed oley Systems is considering a new project whose data are shown below. Under the new tax law, the equipment for the project is eligible for 100% bonus epreciation, so it will be fully depreciated at t=0. After the project's 3 -year life, the equipment would have zero salvage value. The project would require dditional net operating working capital (NOWC) that would be recovered at the end of the project's life. Revenues and operating costs are expected to be onstant over the project's life. What is the project's NPV? (Hint: Cash flows from operations are constant in Years 1 to 3 .) Do not round the intermediate alculations and round the final answer to the nearest whole number. a. $23,750 b. $26,988 c. $5,718 d. $25,590 e. $26,734

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