A ski manufacturer is planning to purchase $400,000 of materials to produce a new line of skis. The skis will be ready for sale in 1 year. If the required rate of return is 10 percent and the company can sell 10,000 sets for a net cash flow of $57.50 a set, what is the NPV of the project assuming the skis are produced for one period only? CD 1) Between $50,000 and $85.000 ID 2) Between $85,001 and $100,000 3) Between $100,001 and $395.000 4) Greater than $395.000