ABC Service can purchase a new assembler for $15,052 that will provide

ABC Service can purchase a new assembler for $15,052 that will provide an annual net cash flow of $6,000 per year for five years. Calculate the NPV of the assembler if the required rate of return is 12%. (Round your answer to the nearest $1.)
A.

$7,621
B.

$1,056
C.

$6,577
D.

$4,568

Solution