Companies often come across projects that have positive Nov opportunities in which the compamy does not invest. Companies must evaluate the value of the option to invest in a new project that would potentially contribute to the growth of the firm. These optians are referred to as growth optian. Sunny Co, is considering o three-yoar project that will require an initial imvestment of 335,000. It has estimated that the annual cash fows for the project under good conditions will be $80,000 and $7,000 under bad conditions. The firm believes that there is a 60% chance of good cenditions and a 40% chance of bad conditions. If the firm is using a weighted average cost of capital of 13%, the expected net present value (wPW) of the project is (Note: Do nat round intermediate calculations and round your answer to the nearest dollar.) Sunny C0, wants to take a potential growth cption into account when calculating the project's expected NPV. If condaions are good, the firm will be able in the project. Uing the information from the preceding problem, the expected NPV of this project-when taking the growth option into account-is (Note: Do not round intermediate calculations and round your answer to the nearest dollar.) Sunny coss growth option is worth (Note: Do not round intermediate calculations and round your answer to the nearest dollar.)