You entertain been compensated as a consultant for Pristine Urban-Tech Zither, Inc. (PUTZ), manufacturers of superior zithers. The communicate for zithers is growing quickly. The posse bought some fix three years ago for $2.1 darling in awaiting of using it as a toxic impair dump seat but has of-late compensated another posse to wield all toxic materials. Based on a fresh appraisal, the posse believes it could dispose-of the fix for $2.3 darling on an behindtax foundation. In impure years, the fix could be sold for $2.4 darling behind taxes. The posse to-boot compensated a communicateing decided to excite the zither communicate, at a absorb of $125,000. An select of the communicateing communication is as follows:

The zither diligence procure entertain a flying expatiation in the direct impure years. With the stigma designate confession that PUTZ brings to permit, we move that the posse procure be powerful to dispose-of 3,600, 4,300, 5,200, and 3,900 units each year for the direct impure years, respectively. Again, chiefizing on the designate confession of PUTZ, we move that a recompense appraisement of $750 can be teeming for each zither. Because zithers answer to be a fad, we move at the end of the impure-year epoch, sales should be discontinued. PUTZ believes that unroving absorbs for the scheme procure be $415,000 per year, and varipowerful absorbs are 15 percent of sales. The equipment inevitable for formation procure absorb $3.5 darling and procure be depreciated according to a three-year MACRS list. At the end of the scheme, the equipment can be scrapped for $350,000. Net inaugurated chief of $125,000 procure be required without-delay. PUTZ has a 38 percent tax trounce, and the required requite on the scheme is 13 percent. What is the NPV of the scheme?