Question: An analyst has created estimates for a new Putt Putt course near the local elementary school. The course will require an investment (building and equipment)

 An analyst has created estimates for a new Putt Putt course

An analyst has created estimates for a new Putt Putt course near the local elementary school. The course will require an investment (building and equipment) at year 0 of $167,251.00. This amount can be depreciated over 5 years using the straight-line approach. The building can be sold for an NSV of 542,949.00 in year 5. The entrepreneur needs help estimating the cash flows for the business. 0 1 2 3 4 5 Sales $71,720.00 $71,720.00 $71,720.00 $71,720.00 $71,720.00 Expenses $30,000.00 $30,000.00 $30,000.00 $30,000.00 $30,000.00 Depreciation $33,450.20 $33,450.20 $33,450.20 $33,450.20 $33,450.20 Investment in NWC $1,350.00 $0 $0 $0 $0 The investor wants an 9.00% return on the investment and the firm faces a 34.00% tax rate. What is the NPV of this project? Submit Answer format: Currency: Round to: 2 decimal places

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