Assume the following information for a capital budgeting proposal with a five-year time horizon $ 590,000 Initial investment: Cost of equipment (zero salvage value) Annual revenues and costs: Sales revenues Variable expenses Depreciation expense Fixed out-of-pocket costs $ 300,000 $ 130,000 $ 50,000 $ 40,000 Click here to view Exhibit 148.1 and Exhibit 148.2. to determine the appropriate discount factor(s) using the tables provided. If the company's discount rate is 12%, then the net present value for this investment is closest to: Multiple Choice $1201,600) $(1213501 $(301600) 2010