Question 3 of 7 0 / 10 View Policies Show Attempt History Current Attempt in Progress * Your answer is incorrect. Bridgeport Corporation, which operates an amusement park, is considering a capital investment in a new ride. The ride would cost $132,000 and have an estimated useful life of 5 years. The park will sell it for $60,300 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 the factor 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 eg.-45 or parentheses eg. (45). For calculation purposes, use 5 decimal places as displayed in the factor table provided, eg. 1.25124. Round present value answer to decimal places, eg. 125.) Net present value $ 926 eTextbook and Media Save for Later Attempts: 1 of 4 used Submit Answer - i 1 119 Cloud