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Problem 1. A proposed project costs $12,000. The project will increase sales by $8,500 per year, and it will increase cost of goods sold by

image text in transcribed Problem 1. A proposed project costs $12,000. The project will increase sales by $8,500 per year, and it will increase cost of goods sold by $3,200 year. The project has a 5 -year life, and the depreciation expense is $2,400 per year. The tax rate is 25% and the discount rate is 12%. Fill in the tab halnw to find the NPV of this project

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