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The Libby & Lacy Company is considering a new construction project for the new manufacturing plant and ask you to calculate a Net Present Value

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The Libby \& Lacy Company is considering a new construction project for the new manufacturing plant and ask you to calculate a Net Present Value analysis. The investment for the land parcel is $235,000. The manufacturing plant will be completed at the end of year 1 and costs $388,000. The company expects to increase revenue for the next ten years, : (Yr 1) \$225,000, (Yr 2) $328,000,(Yr 3) $164,000,(Yr 4) $143,000, (Yr 5) $116,000,(Yr 6) $110,000,(Yr=0)$95,000, (Yr 8) 74,000, (Yr 9) $40,000, and (Yr 10) $15,000. The roadway to the plant will need to be repaved twice and will cost: (Yr4)$38,000, and (Yr 8) $67,000 The fixed manufacturing overhead for the company will cost an additional $44,000 each year for the 10 years. Prepare a Net Present Value table using a 12% factor

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