Temple Corp. is considering a new project whose data are shown below. The equipment that would...

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Temple Corp. is considering a new project whose data are shownbelow. The equipment that would be used has a 3-year tax life,would be depreciated by the straight-line method over its 3-yearlife, and would have a zero salvage value. No change in netoperating working capital would be required. Revenues and otheroperating costs are expected to be constant over the project's3-year life. What is the project's NPV? Do not round theintermediate calculations and round the final answer to the nearestwhole number.
Risk-adjusted WACC 10.0%
Net investment cost (depreciable basis) $65,000
Straight-line depr. rate 33.3333%
Sales revenues, each year $71,000
Annual operating costs (excl. depr.) $25,000
Tax rate 35.0%

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Temple Corp. is considering a new project whose data are shownbelow. The equipment that would be used has a 3-year tax life,would be depreciated by the straight-line method over its 3-yearlife, and would have a zero salvage value. No change in netoperating working capital would be required. Revenues and otheroperating costs are expected to be constant over the project's3-year life. What is the project's NPV? Do not round theintermediate calculations and round the final answer to the nearestwhole number.Risk-adjusted WACC10.0%Net investment cost (depreciable basis)$65,000Straight-line depr. rate33.3333%Sales revenues, each year$71,000Annual operating costs (excl. depr.)$25,000Tax rate35.0%

Risk-adjusted WACC	10.0%
Net investment cost (depreciable basis)	$65,000
Straight-line depr. rate	33.3333%
Sales revenues, each year	$71,000
Annual operating costs (excl. depr.)	$25,000
Tax rate	35.0%