Question: value: 2.00 points Dog Up! Franks is looking at a new sausage system with an installed cost of $241,800. This cost will be depreciated straight-line

value: 2.00 points Dog Up! Franks is looking at a new

value: 2.00 points Dog Up! Franks is looking at a new sausage system with an installed cost of $241,800. This cost will be depreciated straight-line to zero over the project's 8-year life, at the end of which the sausage system can be scrapped for $37,200. The sausage system will save the firm $74,400 per year in pretax operating costs, and the system requires an initial investment in net working capital of $17,360 Required: If the tax rate is 34 percent and the discount rate is 10 percent, what is the NPV of this project? $74,990.59 O $81,041.98 $86,444.27 $65,729.15 O $77,182.84

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