You must evaluate a proposal to buy a new fixed asset for your furniture manufacturing facility. The base price is 120,500. The Machine falls in the MACRS 3 year class, and it would be sold after 3 years for $65,000. The new asset would require an increase in net operating working capital of $5,500, but no impact on annual sales, but expenses would decline by $44,000 a year. The tax rate is 35% and the WACC is 9%. What is the project's NPV? $19.174 $17.745 $12,436 $10,841 O $15.090 You must evaluate a proposal to buy a new fixed asset for your furniture manufacturing facility. The base price is 120,500. The Machine falls in the MACRS 3 year class, and it would be sold after 3 years for $65,000. The new asset would require an increase in net operating working capital of $5,500, but no impact on annual sales, but expenses would decline by $44,000 a year. The tax rate is 35% and the WACC is 9%. What is the project's NPV? $19,174 $17,745 $12,436 $10,841 $15.090