URCES PTER 10 Briel Exercise 13.3 Timo Corporation, which operates an amusement park, is considering a capital investment in a new ride. The ride would cost $119,000 and have an estimated useful life of 5 years. The park will sell it for $66,800 at that time. (Amusement parks need to rotate rides to keep people interested.) The ride will be expected to increase net annual cash flows by $20,200. The company's borrowing rate is 8%. Its cost of capital is 10%. Click here to view Py table. Calculate the net present value of this project to the company. (If the net present value is negative, use either a negative sign preceding the number e.g. -45 or parentheses e.g. (45). For calculation purposes, use 5 decimal places as displayed in the factor table provided, e.g. 1.25124. Round present value answer to o decimal places, e.g. 125.) SSID - son Net present value $ LINK TO TEXT Study