Company X plans to take advantage of the winds blowing in across the nearby prairie. Company X is considering installing a wind-driven turbine that would generate electricity, which would reduce their utilities cost. The project would have an initial cost of $550,000 and would provide a net cost savings of $62,000 per year. The equipment will have a life of 25 years. If Company X assigns a discount rate of 10% to this project, what is the net present value (NPV) of the turbine? HINT: Saving money on costs is the same as generating additional profit. A. $1,112,774 B. $12,774 C. -$12,774 D. $550,000