KIMA KITCHEN is evaluating a 3 year project that would involve buying a new piece of equipemnt for $72,000 today. The equoptment would be depreciated straigjt line to $12,000 over 2 years. In 3 years, rhe equiptment would be sold for an after-tax cash flow of $20,000. In each of the 3 years of the project, relevant revenue are expected to be $160,000 and relevant costs ate expected to be $94,000. the tax rate is 50% and the cost of capital for the project is 18.20%. What is the Npv of the project?

3 na Kitchen is evaluating a 3-year project that would involve bujng aneu quipment would be sold for an after-tax cash flow of $20,000. in each of tria 50% and the cost of capital for the project is 18204. What is the map of the a. $32,032 (plus or minus $100) b. $21,195 (plus or minus $100) C. $35,059 (plus or minus $100) d. $38,637 (plus or minus $100) e. None of the other alternatives is within $10 of the corect