Firm A is analyzing the possible acquisition of Firm T. Firm A believes the acquisition will increase its total after-tax annual cash flows by $88,640 indefinitely. The current market value of Firm T is $3,849,920 whereas that of Firm A is $6,319,680. The appropriate discount rate for evaluating the incremental cash flows is 9.06%. If Firm A offers 28.50% of its stock to Firm T's shareholders, what will be the NPV of this acquisition to Firm A? $1,486,004 $1,527,282 $1,568,560 $1,609,838 $1,651,116