39) Somerville Corporation is considering investing in specialized equipment costing $616,000. The equipment has a useful life of 5 years and a residual value of $59,000. Depreciation is calculated using the straight-line method. The expected net cash inflows from the investment are: Year 1 Year 2 Year 3 Year 4 Year 5 $100,000 $230,000 $159,000 $57,000 $95.000 $641,000 Somerville Corporations required rate of return is 12%. The net present value of the investment is closest to: Present Value of $1 Periods 1 2 3 4 5 10% 0.909 0.826 0.751 0.683 0.621 12% 0.893 0.797 0.712 0.636 0.567 14% 0.877 0.769 0.675 0.592 0.519 16% 0.862 0.743 0.641 0.552 0.476 Present Value of Annuity of $1 Periods 10% 1 0.909 2 1.736 3 2.487 4 3.170 5 3.791 12% 0.893 1.690 2.402 3.037 3.605 14% 0.877 1.647 2.322 2.914 3.433 16% 0.862 1.605 2.246 2.798 3.274 A) $14,175 negative. C) $106,612 positive. B) $106,612 negative. D) $25,000 positive