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Wildherse Corporation, which operates an amusement park. is considering a capital investment in a new ride. The ride would cost $128,000 and have an estimated

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Wildherse Corporation, which operates an amusement park. is considering a capital investment in a new ride. The ride would cost $128,000 and have an estimated useful life of 5 years. The park will sell it for $68,700 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 $22,300. The company's borrowing rate is B3c its cost of capital is 10. Click here to view the factor table Calculate the net present value of this project to the company. Of the net present value is negative, use either a negative sign preceding the number eg. 45 or parentheses es. (45). For calculation purposes, use 5 decimal places as dlsplayed in the foctor toble provided, eg. 1.25124. Round present value answer to Odecimal places, eg 125.)

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