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If BN&C Co. installs a lockbox system, it should decrease the average total collection time by 2.6 days at a cost of $. 25 per

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If BN&C Co. installs a lockbox system, it should decrease the average total collection time by 2.6 days at a cost of $. 25 per check. The company typically receives 2,150 checks per day and an average value of the checks is $249. The daily Treasury interest rate is .00012. What is the NPV of the lockbox project? $0 -$ 12,121.78 O $ 7,798 O $ 36,587 -$3,087,256.67

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