Wable Inc Has Provided the Following Data to Be Used in in Evaluating

Multiple Choice

Wable Inc. has provided the following data to be used in evaluating a proposed investment project: For tax purposes, the entire initial investment without any reduction for salvage value will be depreciated over 5 years. The company uses a discount rate of 16%.
-When computing the net present value of the project, what are the annual after-tax cash receipts?

A) $165,000
B) $231,000
C) $99,000
D) $57,750