The UltimateFlyingDisc Company considering a new expansion project that requires a fixed asset purchase of $500 that will be incurred today. The fixed asset is expected to last for 5 years and be worthless at the end of its useful life. The depreciable base is the entire amount of investment, and straight line depreciation will be used. The project is expected to generate $570 in cash flows per year and incur $335 in expenses per year, both starting in one year and continuing at the end of each year over the project life. IF the tax rate is 34% and the required rate of return is 7%, what is the net present value of the project? Project NPV $ Place your answer in dollars and cents. Work your analysis using at least 4 decimal places of accuracy. Notes on formatting: Do NOT include a dollar sign or a comma in your NPV. For example, an answer of one hundred twenty dollars and fifteen cents would be placed as 120.15. If applicable, indicate negative amounts with a minus sign in front of the number.

The UltimateFlyingDisc Company considering a new expansion project that requires a fixed asset purchase of $500 that will be incurred today. present value of the project? Project NPV \$ Place your answer in dollars and cents. Work your analysis using at least 4 decimal places of accuracy. sign in front of the number