What is the answer to question 24?

D Question 24 1 pts Rivian Automotive Inc. is considering the purchase of new equipment. To begin the project, the equipment costs $510,000, and an additional $90,000 is needed to install it. An inventory Investment cost of $75,000 is also required at the start of the project. The equipment will be depreciated straight-line to zero over a five-year lite. The equipment will generate additional annual revenues of $280,000, and it will have annual cash operating expenses of $100,000 The equipment will be sold for $80,000 after five years. Rivian is in the 28 percent tax bracket and its cost of capital is 12 percent What is the NPV for this project? The NPV is $10,522. The NPV is $11.460. The NPV is -$46,788. The NPV is $28,447