would cost $1.83 million and be depreciated The Bruin's Den Outdoor Gear is considering a new 7-year project to produce a new tent line. The equipment necessary using straight-line depreciation to a book value of zero. At the end of the project, the equipment can be sold for 10 percent of its initial cost. The ar at a price of $75 and variable costs of $34 per tent The fixed costs will be $505,000 per year. The project will require an initial investment in net working capital of $237,000 that will be recovered at the end of the project What is the NPV? The required rate of return is 11.8 percent and the tax rate is 34 percent Multiple Choice $537,092 $578,512 $903105 $706,955 $1,336.254