The Bruin's Den Outdoor Gear is considering a new 6-year project to produce a new tent line. The equipment necessary would cost $1.33 million and be depreciated using straight-line depreciation to a book value of zero. At the end of the project, the equipment can be sold for 15 percent of its initial cost. The company believes that it can sell 24,500 tents per year at a price of $66 and variable costs of $26 per tent. The xed costs will be $415,000 per year. The project will require an initial investment in net working capital of $201,000 that will be recovered at the end of the project The required rate of return is 10.9 percent and the tax rate is 34 percent. What is the NPV? Multiple Choice 0 $642,663 $1,032,136 $549,?03 $136,924 0000 $504,352 Co ri's Dog House is considering the installation of a new computerized pressure cooker for hot dogs. The cooker will increase sales by $8,000 per year and will cut annual operating costs by $12,500. The system will cost $43,800 to purchase and install. This system is expected to have a 4-year life and will be depreciated to zero using straight-line depreciation and have no salvage value. The tax rate is 35 percent and the required return is 9.9 percent. What is the NPV of purchasing the pressure cooker? Multiple Choice 0 $10305 $22333 $21,140 $1,604 -$B.832 OOOO