1) No-Shoplift Security Company is concerned in bidding on the contract to give the new security system for the large department store chain. New security system will be phased into 10 stores per year for 5 years. No-Shoplift can purchase hardware for $50,000 per installation. The labour and material cost per installation is approximately $15,000. In addition No-Shoplift will require buying $100,000 in new equipment for installation, which will be reduced to zero by using straight-line method over five years. This equipment will be sold in 5 years for= $25,000. Ultimately, the investment of $50,000 in net working capital will be required. Suppose that appropriate tax rate is 34 percent. If No-Shoplift Security Company needs a 10% return on its investments, what price it must bid?