McFann Co. is considering an investment that will have the following sales, variable costs, and fixed operating costs: Year 3 Year 4 Unit sales Year 1 4,200 $29.82 Year 2 4,100 4,300 4,400 $30.00 $30.31 $33.19 Sales price Variable cost per unit Fixed operating costs except depreciation Accelerated depreciation rate $13.45 $14.02 $14.55 $12.15 $41,000 33% $41,890 $41,670 45% $40,100 7% 15% This project will require an investment of $20,000 in new equipment. The equipment will have no salvage value at the end of the project's four-year life. McFann pays a constant tax rate of 40%, and it has a weighted average cost of capital (WACC) of 11%. Determine what the project's net present value (NPV) would be when using accelerated depreciation Determine what the project's net present value (NPV) would be when using accelerated depreciation $36,937 $41,554 $53,097 $46,171 Monatem that Mihn