DeltaCo is evaluating installing a specialized machinery that will lower the operating costs for the firm by $634,000 a year. The project will not directly produce any sales. The cost of the machinery is $2.168 million and this cost will be depreciated straight-line to a zero-book value over the life of the project. The tax rate is 21 percent. The project will require $128,000 of net working capital which will be recouped when the project ends. The project has a life of ten years. At the end of the project the machinery will be sold for an estimated $495,000. What is the net present value at the required rate of return of 14.3 percent? Multiple Choice $652.108.10 $668,019.24 $701,414.14 $657,345.35 $570,475.57 6