Better Mousetraps has developed a new trap. It can go into production for an initial investment in equipment of $6.6 million. The equipment will be depreciated straight-line over 6 years to a value of zero, but in fact it can be sold after 6 years for $643,000. The firm believes that working capital at each date must be maintained at a level of 15% of next year's forecast sales. The firm estimates oroduction costs equal to $1.90 per trap and believes that the traps can be sold for $6 each. Sales forecasts are given in the following able. The project will come to an end in 6 years, when the trap becomes technologically obsolete. The firm's tax bracket is 35%, and he required rate of return on the project is 12%. Use the MACRS depreciation schedule. a. What is project NPV? Note: Do not round intermediate calculations. Enter your answer in millions rounded to 4 decimal places. b. By how much would NPV increase if the firm uses double-declining-balance depreciated with a later switch to straight-line when remaining project life is only two years? Note: Do not round intermediate calculations. Enter your answer in whole dollars not in millions