Question: Rome Restaurant has the opportunity to purchase a new pizza oven for their new line of pizzas. This oven has a cost of $60,000 and

Rome Restaurant has the opportunity to purchase a new pizza oven for their new line of pizzas. This oven has a cost of $60,000 and will yield the following cash flows: Year 1: $12,000 Year 2: $12,500 Year 3: $14,000 Year 4: $16,000 Year 5: $18,000 Rome uses the net present value method to evaluate purchasing decisions and assumes a current market interest rate of 8%. What is the net present value of the pizza oven

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