An investor is considering renovating a building.The total cost of renovation is expected to be $100,000,of which 75% can be borrowed.Given the after-tax cash flows to the equity investor as showed below,what is the incremental return from renovating? 
Definitions:
Shareholders
Individuals or entities that own shares in a corporation, granting them various rights such as voting on corporate matters.
Agents
Individuals or entities authorized to act on behalf of others, making decisions or executing transactions in various contexts such as real estate, law, or finance.
Operating Agreement
A document that outlines the governance and operational guidelines of a limited liability company (LLC).
Voting Rights
The entitlement of individuals to participate in the election of government officials and in the process of decision-making.
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