Hell is small private firm that produces exotic hot sauce with proprietary recipes. Hell has $450,000 in annual sales and 270 payments per day. Currently, Hell processes all the customer payment with its bank in 5 days and at no cost. However, the store is considering entering a contract with Venmo to process their customer payments. Venmo will process the payments instantly but charges a processing fee of $0.01 per processed payment. Hell currently has a short-term debt that has 12% annual interest. Assuming Hell can use the additional resealed funds to reduce its short-term debt, what is the net benefit (NPV) of hiring Venmo?

Group of answer choices

1,725.23

-245.77

739.73

985.50