Given the following information, solve for NPV: Initial investment needed $240,000 Salvage cash flows (net of tax) $15,000 WACC 10% Initial Units Sold 1450 Initial Sales Price per unit $200 Initial Incremental Cost per unit $100

	Year 1	Year 2	Year 3	Year 4
Sales	$290,000	$298,700	$307,661	$316,898
Costs	$145,000	$149,350	$153,831	$158,442
Depreciation	$79,200	$108,000	$36,000	$16,800
EBIT	$65,800	$41,350	$117,830	$141,656
Taxes 40%	$26,320	$16,540	$47,132	$56,662
Net operating profit after taxes	$39,480	$24,810	$70,698	$84,994
Depreciation	$79,200	$108,000	$36,000	$16,800
Net Operating CF	$118,680	$132,810	$106,698	$101,794

	Year 0	Year 1	Year 2	Year 3	Year 4
CF due to investment in NOWC	($34,800)	($1,044)	($1,075)	($1,109)	$38,028

Select one:

a. $123,980

b. $124,568

c. $125,730

d. $126,090

e. $127,894