Rather than getting a part$-$time job to support yourself, you are thinking about opening an espresso stand near campus for the $4$ years you are at UO$.$ You've done fairly limited market research $($costing $$200$ for copying and distributing surveys$),$ and have come to the conclusion that you can sell $2000$ drinks per week during the $30-$week academic year at an average price of $$2\mathrm{.}25$ per drink. Your variable costs will be only about $$1\mathrm{.}25$ per drink. You will keep the stand open $60-$hours a week, and work $20$ of those yourself. You will employ someone else at $$8$ per hour for the other $40$ hours. The stand and espresso machine will cost about $$6000.$ You hope to sell your business $($including the name you will have built, cart and machine$)$ for about $$3000$ when you leave school. You do a straight depreciation over $4$ years to salvage value. You will have to pay an annual lease of $$10,000$ for the right to secure your cart location near campus. You will invest $$500$ in inventory today. It will stay at $$500$ through year $3$ and drop to zero by the end of year $4.$ There are no account receivables and account payables. The tax rate is $25\%.$ If your discount rate is $12\%,$ what is the NPV of doing the espresso stand? should you do the espresso stand? $($convert all weekly cash flows to annual ones and do the analysis at the annual level$).$ You will only operate the stand during the academic year.