Question Completion Moving to another question will save this response Questo Question 1 10 points (CLO-1) Craft is considering automating some parts of the existing assembly line. The purchase and installation of the required equipment costs A50,000. This cost will be depreciated straight-line to zero over the project's five-year We, at the end of which the automating system can be scrapped for 655,000. The automation will save the firm 150,000 per year in pre-tax operating costs, and is requires an initial investment in net working capital of $40,000. 1 tax rate in 35 per cent and the discount rate is 10 per cent, what is the NPV of this project? Conclude For the toolbar, press ALT F10 (PC) or ALTIN+F10 (Mac)