Based on the information listed below concerning a capital budgeting project, the NPV for this project is Last year Sony Inc.which makes nonflammable fireworks, hired an engineering firm to evaluate the technical capabilities of three different pieces of high-tech equipment that may be used in their manufacturing processThe study cost $300,000 and the results suggested that only the ECU-9 was capable of meeting Sony's needs. The ECU-9 will cost $4 million. The equipment will be depreciated straight-line over 25 years to a salvage value of $400,000 and sold for that amount in 25 years If purchased the ECU-9 will increase revenues by $2.3 million per year and increase operating cost by $1.5 million per year . The company will increase net working capital by $170.000 at the beginning of the project. This working capital will be liquidated at the end of the project. The marginal tax rate is 25% The cost of capital is 13.00%