6. Champion's Golf is thinking about Introducing a new golf product, the Tremendous Tiger titanium driver. The company would need to buy new manufacturing equipment today costing $3.000.000. The equipment will be depreciated using the straight-line method, and is estimated to have a 4-year useful life. At the end of this 4-year estimated useful life, equipment is expected to have salvage value of $100,000. If Champion's Golf goes ahead with this project, it's revenues are expected to increase $2,500,000 per year and their manufacturing costs $1,000,000 per year. What is the net present value of this project if Champion's Golf's marginal tax rate is 40% and its cost of capital 15% O A $425.974 O B. $397.424 OC. $483,149 O D.5454,600 O E $490,129