Question 12 Not yet answered Marked out of 2.00 KK Restaurant purchased a grill for 50 000 AUD two years ago. The owner, Alan Ng, has learned that a new grill is available that will cook Krabby Patties twice as fast as the existing grill. This new grill can be purchased for 80 000 AUD and would be depreciated straight line over 8 years, after which it would have no salvage value. Alan expects that the new grill will produce EBITDA of 50 000 AUD per year for the next eight years while the existing grill produces EBITDA of only 35 000 AUD per year. The current grill is being depreciated straight line over its useful life of 10 years after which it will have no salvage value. All other operating expenses are identical for both grills. The existing grill can be sold to another restaurant now for 30 000 AUD. KK's tax rate is 21%. If KK's opportunity cost of capital is 19%, then the NPV for upgrading to the new grill is closest to: P Flag question Select one: O a. -5289 AUD O b. -748989 AUD O c. 3111 AUD O d. 7263 AUD