Baker Corporation is considering an investment opportunity with expected net cash inflows of $340,000 per year for four years. At the end of Year 4, the residual value of the investment is expected to be $28,000. The company uses a discount rate of 14%, and the intial investment is$610,000 Calculate the NPV of the investment Present value of $1 10% 12% 14% 10% 1 0.000 0.803 0.877 0.002 2 0.826 0797 0.709 0.743 3 0751 0712 0.675 0641 4 0.003 0030 0.502 0562 5 0.021 0.567 0.519 0476 Present value of Ordinary Annuity of $1 10% OA. $397336 B. $646,216 OC. $16.576 OD $1.007336 12% 14% 10% Present value of $1: 10% 12% 14% 16% 12345 0.909 0.893 0.877 0.862 0.826 0.797 0.769 0.743 0.751 0.712 0.675 0.641 0.683 0.636 0.592 0.552 0.621 0.567 0.519 0.476 Present value of Ordinary Annuity of $1 10% 12% 14% 16% 0.909 0.893 0.877 0.862 1.736 1.690 1.647 1.605 2.487 2.402 2.322 2.246 3.170 3.037 2.914 2.798 3.791 3.605 3.433 3.274 12345 4