Question: 10-5 Your firm is considering a project that will save the firm $120,000 per year for its 3-year life. The equipment for the project will

10-5 Your firm is considering a project that will save the firm $120,000 per year for its 3-year life. The equipment for the project will cost $250,000, falls into the 3-year MACRS, and will be sold for $90,000 at the end of the project. The project will require a working capital investment of $12,000. The tax rate is 35% and the required return is 15%. What is the NPV for this project

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