Truskowski Corporation has provided the following information concerning a capital budgeting project: After-tax discount rate...

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Truskowski Corporation has provided the following information concerning a capital budgeting project: After-tax discount rate Tax rate Expected life of the project Investment required in equipment Salvage value of equipment Annual sales Annual cash operating expenses 15% 30% 4 $ 180,000 $ 0 $375,000 $ 140,000 The company uses straight-line depreciation on all equipment; the annual depreciation expense will be $45,000. Assume cash flows occur at the end of the year except for the initial investments. The company takes income taxes into account in its capital budgeting. The net present value of the project is closest to

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