Crane, Inc. is considering the purchase of a warehouse directly across the street from its manufacturing plant. Crane currently warehouses its inventory in a public warehouse across town. Rent on the warehouse and delivering and picking up inventory cost Crane $39360 per year. The building will cost Crane $369000. Crane will depreciate the building for 20 years. At the end of 20 years, the building will have a $102500 salvage value. Cranes required rate of return is 12%. Click here to view the factor table. Using the present value tables, the buildings net present value is (round to the nearest dollar)

Select answer from the options below

$293996.

$787200.

$-75004.

$-64375.