Problem 11 Intro Consider a project with a 4-year life. The initial cost to set up the project is $100,000. This amount is to be linearly depreciated to zero over the life of the project and there is no salvage value. The required return is 11% and the tax rate is 34%. The price per unit is $50, variable costs are $20 per unit and fixed costs are $30,000 per year. You've collected the following estimates for unit sales: Base case Pessimistic Optimistic Unit sales per year (Q) 8,000 6,000 10,000 Part 1 1 B Attempt 4/5 for 9.4 pts. What is the NPV in the base case? 0+ decimals Submit