Question 7 (9 points) The nihilist Caleb is setting up a recording studio which www have an al reve of $80,000 and annual cost of $30,000. The studio will require an Vidal wester of $10,000. What is the net present value after two years of recording Caleb's discount rate is 10%, and income tax in Riga, where he wes, is 20%. in the investment year, depreciation on all items is 50%, then 30% the following year and 20% in the next year, which is the end of the schedule. $61,300 $101,400 $62,100 $76,800