Grey Cat Enterprises, located in Los Angeles, is considering the purchase of a helicopter to ferry its executives to meetings within the tri-state area. After countless months of dealing with an aircraft broker the cost of the helicopter been negotiated down to $3,700,000 which Grey Cat believes to be a fair price. The company also believes that the net cash flows resulting from the acquisition of the helicopter and its use over the next eight years is as follows. Year 1 $320,000 Year 2 390,000 Year 3 450,000 Year 4 480,000 Year 5 420,000 Year 6 310,000 Year 7 370,000 Year 8 240,000 Eight years is also the amount of time Grey Cat intends to use and depreciate the chopper. Grey Cat uses a discount rate of 12% to evaluate all capital investment decisions. What would be the NPV of this project? (use the appendix within your text for PV calculations) A. -51,818,220 B. 53,700,000 C. -51,881,627 D. -5718,373