Assume that capital markets do not exist. Ryan has $90,000 today (t = 0) and will receive $109,000 in exactly one year (t = 1). The graph below illustrates point Y: having $90,000 now and receiving $109,000 next year. Here, if no capital or financial market exists, then Ryan must consume $90,000 now and $109,000 next year. Next consider this case when borrowing and lending at r= 10% are available in the financial markets; Ryan now has a real investment opportunity, or business project. If Ryan decides to accept this opportunity, it will cost $22,000 now (t = 0) and will offer a risk-free payoff of $27,000 next year. Now, revisit the point Y where Ryan has $90,000 now and will receive $109,000 next year, but this time the real asset project exists. Assume that he still wants to consume $90,000 now (t = 0), and answer the following. 100000 90000, 109000 80000 60000 Dollars next year 40000 20000 0 o 20000 40000 60000 80000 Dollars this year a. How much more can Ryan consume next year? Ryan can consume $ b. Calculate the NPV of the project. (Round the final answer to the nearest whole dollar.) NPV $ 2545