Question: please solve it The machinery required for a three year project costs $20,000, belongs in a 15% CCA class, and will require a net working

 please solve it The machinery required for a three year project

please solve it

The machinery required for a three year project costs $20,000, belongs in a 15% CCA class, and will require a net working capital investment of $5,000up-front (net working capital is recovered at the end of the project). The project generates pre-tax sales less cash costs of $15,500 in each of years 1 to 3 . The fixed assets will be sold for a salvage value of $2,000 at the end of the project. If the firm has a tax rate of 35% and a required return of 10%, what is the project NPV? Multiple Choice $9,008 $10,432 $13,278

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