60. Bullets Format: Google LLC is considering investing in a new artificial intelligence (AI) research project. The company is evaluating three options:

• Option A: Invest $50 million in building an AI research facility.
• Option B: Collaborate with leading AI researchers and pay an annual fee of $15 million for ten years.
• Option C: Acquire a smaller AI research firm for $100 million.

Calculate the net present value (NPV) for each option using a discount rate of 8%.