O = Homework: Homework 8 Question 2, P11-2 (similar to) HW Score: 41.39%, 74.51 of 180 points O Points: 0 of 10 Save (Net present value calculation) Carson Trucking is considering whether to expand its regional service center in Mohab, UT. The expansion requires the expenditure of $10,500,000 on new service equipment and would generate annual net cash inflows from reduced costs of operations equal to $3,500,000 per year for each of the next 9 years. In year 9 the firm will also get back a cash flow equal to the salvage value of the equipment, which is valued at $0.8 million. Thus, in year 9 the investment cash inflow totals $4,300,000. Calculate the project's NPV using a discount rate of 8 percent. C. If the discount rate is 8 percent, then the project's NPV is $(Round to the nearest dollar.)