A company is evaluating the feasibility of investing in machinery to manufacture an automotive component. It would need to make an investment of 5540,000 today, after which, it would have to spend $8,500 every year starting one year from now, for twetve years. At the end of the period, the machine would have a salvage value of $11,000 The company confirmed that it can produce and sell 8,850 components every year for twelve years and the net return would be $13.20 per component. The company/s required rate of return is 5.00%. a. What is the Net Present Value (NPV) of this investment option? Round to the nearest cent b. Is the investment ontion feasible