Harriet Harvester (HH) plans to buy a haymaker. It costs $180,000 and is expected to last for five years. She presently hires 10 workers at $3,000 per month for each of the six harvesting months each year. The equipment would eliminate the need for six workers. HH uses straight-line depreciation and projects a salvage value of $23,000. Her tax rate is 21% and opportunity cost of funds is 8.0%. Which is true?

A. The present value of cash flows in year 5 is $24,466

B. NPV is -$24,466

C. NPV is $155,534

D. NPV is -$155,534

E. None of the above