Whispering Winds Corporation, which operates an amusement park, is considering a capital

investment in a new ride. The ride would cost $$143,000$ and have an estimated useful life of $5$

years. The park will sell it for $$67,600$ at that time. $($Amusement parks need to rotate rides to keep

people interested.$)$ The ride will be expected to increase net annual cash flows by $$26,500.$ The

company$$s borrowing rate is $8\%.$ Its cost of capital is $10\%.$

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Calculate the net present value of this project to the company