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straight-line to a zero book value over the Le of the 4 -year project. At the end of the project, the fish fryer will be

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straight-line to a zero book value over the Le of the 4 -year project. At the end of the project, the fish fryer will be soid for $37,500 and the net working capital will refurn to ts original level. The project is expected to generate annual saies of $195,000 and costs of $117,500. The tax rate is 35 percent and the required rate of retum is 13 percent. What is the projects net present value? $26,485,23$26,50000 $89.488.87 $47.909.09 $62,31667

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