Zoe Building Supply considering a fence . Upfront cost = $150,000 , Fence will reduce theft loss by $55,000 each year for 3 years , Security expenses will be reduced by $15,000 each year for 3 years , Straight-line depreciation over 3 years , Tax rate = 34% , Discount rate = 10%

Should Zoe install the fence? Use NPV for calculation