25...Cullumber, Inc. is considering the purchase of a warehouse directly across the street from its manufacturing plant.Cullumbercurrently warehouses its inventory in a public warehouse across town. Rent on the warehouse and delivering and picking up inventory costCullumber$50880per year. The building will costCullumber$477000.Cullumberwill depreciate the building for20years. At the end of20years, the building will have a $132500salvage value.Cullumber's required rate of return is12%.

Using the present value tables, the building's net present value is (round to the nearest dollar)

a...$-96957.

b...$1017600.

c...$-83217.

d...$380043.