Question: Aston Robotics is looking at a project that will require $ 5 8 8 , 0 0 0 in fixed assets and an initial investment

Aston Robotics is looking at a project that will require $588,000 in fixed assets and an initial investment in net working capital of $35,000. The project is expected to produce sales of $752,000 each year with associated operating costs of 5451,000. The project has a 5-year life. Depreciation is $117,600 each year. At the end of 5 years, the fixed assets will have zero salvage value.The tax rate is 21%. The discount rate is 16%. What is the Net Present Value of the project?0A8236.456.2408.$217,368.79 C $190,902.43O D. S308,101.72 E $148,059.23OF. $253,120.20

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