20. Using the Net Present Value to measure the benefits of using a lockbox system is reliable. Therefore, assume that Tesla is considering the use of a lockbox system This system is expected to reduce the collection time by 4 days. Assume that on a daily basis, Tesla firm receives 1,510 checks with an average value of $700 each. The daily interest rate on Treasury bills is .04 percent. The bank charge per check would be $1.10 What is the net present value of this lockbox system? $73,990 O $75,500 $167,610 $69,460 $71,190