will like for correct answer!

eBook Problem 22-15 Management of Braden Boats, Inc. is considering an expansion in the firm's product line that requires the purchase of an additional $170,000 in equipment with installation expected to increase earnings before depreciation and taxes as follows: o costs of $15,000 and removal expenses of $2,500. The equipment and installation costs will be depreciated over five years using straight-line depreciation. The expansion is Years 3 and 4 Year 5 Years 1 and 2 70,000 $89,000 76,000 The firm's income tax rate is 30 percent and the welghted-average cost of capital is 16 percent. Based on the net present value method of capital budgeting, should O management undertake this project? Use Appendix 8 to answer the question. Use a minus sign to enter a negative value, if any. Round your answer to the nearest doliar NPV: $ O The frmSelect make the investment Check My Work (5 remaining