The following summary information is available regarding Bundy Plc.

Bundy Plc. Profit Plan For the year ending Dec. 31, 2019 Sales Rev $2,400,000 Net Income $600,000 Total Assets $3,600,000 Operating Assets $1,500,000 Total Liabilities $1,600,000 WACC 20% Tax rate 18% Return from Project X $125,000 Cost of project X $80,000