Our company is looking at a Capital Spending project. Our BUSI 1200 Company, named "Let It Roll", has an opportunity we want to explore. Is it financially feasible and "Should We or Shan't We" do this deal? Our upfront investment cost is $1.5 Million US. We are projecting to have a cash flow net revenue of $520,000 each year for the next 3 years. The discount rate is 5%. Using the Net Present Value principle, what is the Net Present Value of these revenue streams over 3 years and do we move forward with the project? Here is the formula

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Group of answer choices

NPV is $1,560,000 and yes we do the deal

NPV is $1,560,000 and no we don't do the deal

NPV is $60,000 and yes we do the deal

NPV is $1,416,088 and No we pass on the deal