Year 0\ Year 1\ Year 2\ Year 3\ Year 4\ Revenue\ 150000\ 440000\ 440000\ 340000\ Cost of Goods Sold\ \ -75000\ -220000\ -220000\ 170000\ Gross Profit\ \ 75000\ 220000\ 220000\ 170000\ Selling, General and Admin\ \ -7000\ -7000\ -7000\ -7000\ Depreciation\ \ -80000\ -80000\ -80000\ -80000\ EBIT\ -12000\ 133000\ 133000\ 83000\ Income tax (35%)\ \ 4200\ -46550\ -46550\ -29050\ Incremental Earnings\ -16200\ 86450\ 86450\ 53950\ \ \ Capital Purchaes\ -280,000\ \ Change to NWC\ -5,000\ -5,000\ -5,000\ -5,000\ \ A garage is installing a new "bubble-wash" car wash. It will promote the car wash as a fun activity for the family, and it is expected that the novelty of this approach will boost sales in the medium term. If the cost of capital is %, by using the data in the table above, calculate the net present value (NPV) of this project.