Year o Year 1 Year 2 Year 3 Year 4 Revenue 100000 410000 410000 350000 -50000 -205000 -205000 175000 50000 205000 205000 175000 Cost of Goods Sold Gross Profit Selling, General and Admin Depreciation -7000 -7000 -7000 -7000 -79000 -79000 -79000 -79000 EBIT -36000 119000 119000 89000 12600 -41650 -41650 -31150 Income tax (35%) Incremental Earnings -48600 77350 77350 57850 -280,000 Capital Purchaes 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 8%, by using the data in the table above, calculate the net present value (NPV) of this project