The Brookfield Corporation is considering a four-year project with the following data; What is the project NPV using wacc of 10%?

Additional investment in fixed assets but no additional working capital $100,000

Straight-line depreciation rate 25% but zero salvage value after four years

Annual sales revenues (constant for every year) $75,000

Operating costs (excl. depreciation) (also constant) $25,000

Tax rate 21.0%