MCFann Co, is considering an investment that will have the following sales, variable costs, and fixed operating costs: This project will require an investment of $15,000 in new equipment. Under the new tax law, the equipment is eligible for 100% bonus deprecation at t=0, so it will be fully depreciated at the time of purchase. The equipment will have no salvage value at the end of the project's four-year life. Mcfann pays a constant tax rate of 25%, and it has a weighted average cost of capital (WACC) of 11%. Determine what the project's net present value (NPV) would be under the new tax law. Determine what the project's net present value (NPV) would be under the new tax law. $66,054 $44,036 $55,045 549,541 Now determine what the project's NPV would be when using straight-line depreciation. The project will require an initial investment of $15,000, but the project will also be using a company-owned truck that is not currently being used. This truck could be soid for $9,000, after taxes, if the project is rejected. What should McFann do to take this information into account? Increase the NPV of the project by $9,000. Increase the amount of the initial investment by $9,000. The company does not need to do anything with the value of the truck because the truck is a sunk cost