McFann Co. is considering an investment that will have the following sales, variable costs, and fixed operating costs Year 1 Year 2 Year 3 Year 4 Unit sales 3,500 4,000 4,200 4,250 $38.50 $39.88 $40.15 $41.55 Sales price Variable cost per unit $22.34 $22.85 $23.67 $23.87 Fixed operating costs except depreciation 37,000 $37,500 $38,120 $39,560 Accelerated depreciation rate 33% 45% 15% 7% This project will require an investment of $15,000 in new Determine what the project's net present value (NPV) equipment. The equipment will have no salvage value at would be when using accelerated depreciation. the end of the project's four-year life. McFann pays a O $51,719 constant tax rate of 40%, and it has a weighted average $43,099 cost of capital (WACC) of 11%. Determine what the $49,564 project's net present value (NPV) would be when using $38,789 O accelerated depreciation. Now determine what the project's NPV would be when using straight-line depreciation