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Temple Corp. is considering a new project whose data are shown below. The equipment that would be used has a 3-year tax lifeUnder the new

Temple Corp. is considering a new project whose data are shown below. The equipment that would be used has a 3-year tax lifeUnder the new tax law, the equipment used in the project is eligible for 100% bonus depreciation, so it will be fully depreciated at tThe equipment would have a zero salvage at the end of the project's life. No change in net operating working capital (NOWC) would be requiredRevenues and operating costs are expected to be constant over the project's 3-year life. What is the project's NPV? Do not round the intermediate calculations and round the final answer to the nearest whole Riskadjusted WACC % Equipment cost$61,900 Sales revenues, each year $51,400 Annual operating costs$21,400 Tax rate 25.0 %

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