You are the owner of a small bar, The World, and you are considering opening a bakery in a vacant area in the back of th

[answerhappygod]

You are the owner of a small bar, The World, and you are
considering opening a bakery in a vacant area in the back of the
store. You estimate that it will cost you $52,210.00 to set up the
bakery and that you will generate $10,116.00 in after-tax cash
flows in for the life of the store (which is expected to be 10
years.) The one concern you have is that you have limited parking;
by opening the bakery you run the risk of not having enough parking
for customers who enjoy your bar. You estimate that the lost sales
would amount to $4,122.00 per year and that your after-tax
operating margin on sales at the bar is 50.00%. If your discount
rate is 14.00%, what is the NPV of opening the bakery?