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See the images: Year 0 Year 1 Year 2 Year 3 Year 4 120000 410000 410000 320000 Revenue Cost of Goods Sold -60000 -205000 -205000

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Year 0 Year 1 Year 2 Year 3 Year 4 120000 410000 410000 320000 Revenue Cost of Goods Sold -60000 -205000 -205000 160000 Gross Profit 60000 205000 205000 160000 -6200 -6200 -6200 Selling, General and Admin Depreciation -6200 -77000 -77000 -77000 -77000 EBIT -23200 76800 121800 -42630 121800 -42630 Income tax (35%) 8120 -26880 Incremental Earnings -31320 79170 79170 49920 Capital Purchaes -280,000 Change to NWC -5,000 -5,000 -5,000 -5,000 A garage is installing a new "bubble-wash" car wash. It will promote the car wash as a fun activity for the family, and it is expected that the novelty of this approach will boost sales in the medium term. If the cost of capital is 8%, by using the data in the table above, calculate the net present value (NPV) of this project. O A. $130,010 O B. -$117,009 O C. $143,011 OD. - $123,510

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