Cottrell, Inc. is investigating an investment in equipment that would have a useful life of 9 years. The company uses a discount rate of 15% in its capital budgeting. The net present value of the investment, excluding the salvage value, is -$230,392. To the nearest whole dollar how large would the salvage value of the equipment have to be to make the investment in the equipment financially attractive?

A. $1,535,947 B. $34,559 C. $811,239 D. $230,392

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