ection 2: 40 points. There are 10 multiple choice questions. Select the choice you think it most correct. Write down some work in the space below to support your work. No need to be eat as it is not graded. Excel allowed Convert the work in this area to PDF format and upload. Each q sworth 2 points. This section is due by 11AM. Submit the answers of multiple choice at Google Form 11 A firm is considering expanding its current warehouse operations. The expansion will require new automation system at an initial investment cost of $76000. It will be depreciated on a straight-line method to a zero over the 4-year life of the project. At the end of project, the pretax salvage value is estimated $38000. The project requires $8900 initially for net working capital and it will be recouped at the end of the project. The projected operating cash flow is $106000 a year. What is the net present value of this project if the discount rate is 15 percent and the tax rate is 35 percent? a) -215,614 b) 123,208 236,939 225,092 -217,984 f) 106,622 b