Foley Systems is considering a new investment whose data are shown below.$$ The equipment would be depreciated on a straight$-$line basis over the project$$s $3-$year life, would have a zero salvage value, and would require some additional working capital that would be recovered at the end of the project$$s life.$$ Revenues and other operating costs are expected to be constant over the project$$s life.$$ What is the project$$s NPV$?($Hint: Cash flows are constant in Years $1$ to $3.)$ Show work in excel format.

WACC$10\mathrm{.}0\%$

Net investment in fixed assets $($basis$)$ $$75,000$

Required new working capital$$ $$15,000$

Straight$-$line deprec. rate$33\mathrm{.}333\%$

Sales revenues, each year$$ $$75,000$

Operating costs $($excl$.$ deprec.$),$ each year$$ $$25,000$

Tax rate$35\mathrm{.}0\%$