Question: WSB Inc. is evaluating a project that will last for five years. Here are their proforma income statements for each year of the project: ALL

WSB Inc. is evaluating a project that will last for five years. Here are their proforma income statements for each year of the project: ALL VALUES ARE IN THOUSANDS Revenue: $587 Cogs: $222 SGA: $52 Depreciation: $78 Taxes: $47 Net Income: $188 If accepted, WSB will have to buy equipment worth $390 thousand. The equipment's after-tax salvage value when the project ends is zero. WSB will have to invest $48 thousand in net working capital if they do the project. WSB requires 17% per year for projects of this risk. What is the net present value. Round to the nearest dollar

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