A user is considering selling and leasing back a building they have owned and occupied for seven years. The corporations tax rate is 21 percent for ordinary income, cost-recovery recapture, and capital gains. The corporations after-tax weighted average cost of capital is 9 percent. The following T-bars represent an after-tax analysis performed to assist the officers of the corporation in making the decision whether to continue to own the building for the next ten years OR to sell the building and lease it back for their own use.

What is the net present value of the continue to own alternative?

Group of answer choices

$4,211,156

$4,409,739

$1,906,467

$2,156,792