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UP Corp. is considering a new project and the related data are shown below. The equipment that would be used has a 3-year tax life,

UP Corp. is considering a new project and the related data are shown below. The equipment that would be used has a 3-year tax life, would be depreciated by the straight-line method over its 3-year life, and would have a zero salvage value. No change in net operating working capital would be required. Revenues and other operating costs are expected to be constant over the project's 3-year life. What is the project's NPV? Do not round the intermediate calculations and round the final answer to the nearest whole number.

Risk-adjusted WACC

10.0%

Net investment cost (depreciable basis)

$65,000

Straight-line depr. rate

33.3333%

Sales revenues, each year

$71,000

Annual operating costs (excl. depr.)

$25,000

Tax rate

35.0%

Group of answer choices

$30,190

$28,215

$23,136

$25,958

$25,393

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