Thomson Media is considering some new equipment whose data are shown below. The equipment has a 3-year tax life and would be fully depreciated by the straight-line method over 3 years, but it would have a positive pre-tax salvage value at the end of Year 3, when the project would be closed down. Also, additional net operating working capital would be required, but it would be recovered at the end of the project's life. Revenues and other operating costs are expected to be constant over the project's 3-year life. What is the project's NPV? Do not found the intermediate calculations and found the final answer to the nearest whole number 10.0% WACC Net investment in fixed assets (depreciable basis) $70,000 Requirod not operating working capital $10,000 33333% Straight-line depreciation rate Annual sales revenus $20.000 Annual operating costs (excl. depreciation) $30,000 $5,000 Expected pro-tax salynge value 35.0% Thex rate 0815,668 6.05 14,922 CO$17,011 d. 0514,773 0.05 12,9K2