Question: i need help with this please!! my answer is wrong thank you The Aruins Den Outdoor Gear is considering a new 7 yoar project to

i need help with this please!!
my answer is wrong
thank you
i need help with this please!! my answer is wrong thank you

The Aruins Den Outdoor Gear is considering a new 7 yoar project to produce a new tent line. The equipment necessary would cost $1.83 million and be depreclated using straight-line depreciation to a book value of zero. At the end of the project, the equipment can be sold for 10 percent of its initial cost. The company believes that it can sell 29,000 tents per year at a price of $75 and variable costs or $34 per tent. The fxed costs will be $505.000 per year. The project will require an initial investment in net working capital of $237,000 that wili be recovered at the end of the project, The required rate of return is ti. 8 percent and the tax rate is 21 percent. What is the NPV? Musple Choice \$970157 584773 storezra $775,494 so593\%

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