Geary Machine Shop is considering a four-year project to improve its production efficiency Buying a new machine press for $652,800 is estimated to result in $217,600 in annual pretax cost savings. The press falls in the MACRS five year class (MACRS Table), and it will have a salvage value at the end of the project of $95,200. The press also requires an initial investment in spare parts inventory of $27,200, along with an additional $4,080 in inventory for each succeeding year of the project. Required: If the shop's tax rate is 31 percent and its discount rate is 14 percent, what is the NPV for this project? (Do not round your intermediate calculations.) Multiple Choice O $-43,686.07 O $-41,460.88 $-110,530.27 $-45,870.38 $-41.501.77