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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 life,

Temple Corp. is considering a new project whose data are shown below. The equipment that would be used has a 3-year tax life, would be depreciated by the straight-line method over its 3-year life, and would have a zero salvage value. No change in net operating working capital would be required. Revenues and other 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 number.Risk-adjusted WACC10.0%Net investment cost (depreciable basis)$65,000Straight-line depr. rate33.3333%Sales revenues, each year$58,000Annual operating costs (excl. depr.)$25,000Tax rate35.0% a. $6,265 b. $5,401 c. $5,689 d. $7,202 e. $7,274

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