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 2.98% compounded daily on any cash balance. The average number of daily payments submitted to the lockbox is 2,131 with an average cheque size of $53. If the processing fee per cheque is $0.01, what is the NPV of adopting this lockbox? (Assume 365 days in one year.) -$35,126 -$36,004 -$36,882 -$37,760 -$38,638