Cass Publishing is considering the purchase of a used printing press costing $69,700. The printing press would generate a net cash inflow of $31,000 a year for 3 years. At the end of 3 years, the press would have no salvage value. The company's cost of capital is 10 percent. The company uses straight-line depreciation. Using a spreadsheet or financial calculator, determine the net present value for the investment. The investment's net present value is: Select one: O A. $ 8,863 O B. $23,300 C. $ 7,392 O D. $ 5,480