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8 pt X Company is planning to drop a department that has shown a $9,000 loss in each of the last 3 years. If the

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8 pt X Company is planning to drop a department that has shown a $9,000 loss in each of the last 3 years. If the department is c $20,000, 3) sales of another product will be increased, contributing $1,000 to annual profits. Assuming a 6 year time horizo and a discount rate of 4%, what is the net present value of dropping the department? 9. AO $40,941 BO $54,451 CO $72,420 DO $96,319 EO $128,104 FO $170,378

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