What is the net present value of this project if the relevant discount rate is 13% and the tax rate is 34%?

Lakeside is conside ex ing its in aking operations The expension wilreadre ne equg ent cost $ 70eDoo that would be depreciated on a straight ine basis to a zero balance the four-year ine of the project The equipment can be sold for $220,000 after the four years. The Fejectrequres SAG00 nnally for net working capital, of which wate hwill be nece pedatth e ofteprege. The p ejected opereting cash fown$21nsoo a year. What is the net gwesent value of t speed it e relevant d centrate is 13 percent and the tax rate is 34 percent o $1000.14 $1.30954 -$263277 o $1274711 o-SR30918 0SR3091B 00000