Mills Mining is considering the purchase of additional equipment. The proposed project has the following features: The equipment has an invoice price of $390,000 and will cost $40,000 to modify for company use. Shipping will cost $10,000. The company spent $10,000 last year analyzing 5 competing brands of equipment before deciding that this brand was the best for their purposes. The equipment will be depreciated as a 3-Year MACRS asset with the following rates: Year 1-33%, Year 2-45%, Year 3-15%, and Year 4-7%. If the project is undertaken, the company will need an increase in net working capital of $40.000. This net working capital will be recovered at the end of the project's three year life .If the project is undertaken, the company will realize an additional $500,000 in sales over each of the next three years. The company's operating costs (excluding depreciation) will be $200,000 higher over each of the next three years. If the project is undertaken, old equipment that has been fully depreciated can be sold for $20,000. If the project is not undertaken, the old equipment will last3 more years, at which time its salvage value will be zero The company's tax rate is 40 percent. . At the end of year three, the equipment will have a salvage value of $90,000. O A. $468,000 OB. $390,000 O c. $480,000 O D. $490,000 Click to select your