A company is considering a lockbox system that will reduce the collection time by 2 days on average. The company can earn an APR of 3.68% compounded daily on any cash balance. The average number of daily payments submitted to the lockbox is 1,996 with an average cheque size of $68. If the processing fee per cheque is $0.01, what is the NPV of adopting this lockbox? (Assume 365 days in one year.)

A) $66,135

B) $67,972

C) $69,809

D) $71,646

E) $73,483