Answer:
The net present value of this expansion project is $77,575.87.
Explanation:
The Net Present Value of the Expansion can be calculated as follows
($112,000) Â CFj
$65,000 Â Â CFj
$65,000 Â Â CFj
$65,000 Â Â CFj
$72,000 Â Â CFj
I/YR Â Â Â Â Â Â 15%
Shift NPV $77,575.87