Untitled document - Google Docs x + tials of Corporate X C LO2 S Calculating Depreciation X 97bbUpD40LX71SXkVY2obgWY-gy-aPmMBpe2 E35LNB/edit Add-ons Help All changes saved in Drive Georgia 14 - BIUA DE E IE EE-EE Project Evaluation Kolby's Korndogs is looking at a new sausage system with an installed cost of $655,000. This cost will be depreciated straight-line to zero over the project's five-year life, at the end of which the sausage system can be scrapped for $85,000. The sausage system will save the firm $183,000 per year in pretax operating costs, and the system requires an initial investment in net working capital of $35,000. If the tax rate is 22 percent and the discount rate is 8 percent, what is the NPV of this project? M DLE