Question 1 (1 point) Cay Paints Co. is considering a 2-year project with an initial purchase of $200,000 in net fixed assets. The project will require $25,000 at t=0 as operating working capital, which will be fully recovered by the firm when the project ends. The project will have revenues of $180,000 and cost of goods sold of $50,000 throughout the project's life. The depreciation schedule is 50% annually. If the tax rate is 30% and the WACC is 10%, what is the NPV of this project? Assume no salvage value. -$167,893 ) -$152,273 $32,107 $36,446 O None of the above