ance 23EW4 anceLab Assignment K Question 14, P11-2 (similar to) HW Score: 92%, 46 of 5 Points: 0 of 4 (Net present value calculation) Carson Trucking is considering whether to expand its regional service center in Mohab, UT. The expansion requires the expenditure of $10,500,000 on new service equipment and would generate annual net cash inflows from reduced costs of operations equal to $4,000,000 per year for each of the next 6 years in year 6 the firm will also get back a cash flow equal to the salvage value of the equipment, which is valued at $1.1 million. Thus, in year 6 the investment cash inflow totals $5,100,000 Calculate the project's NPV using a discount rate of 7 percent If the discount rate is 7 percent, then the project's NPV is SO (Round to the nearest dollar) Clear all Check answer