PGH, Inc. is considering a new six-year expansion project that requires an initial fixed asset investment of $3.102 million. The fixed asset will be depreciated straight-line to zero over its six-year tax life, after which time it will be worthless. The project is estimated to generate $1,987,000 in annual sales, with costs of $1,102,200. The tax rate is 35 percent and the required return on the project is 16 percent. What is the net present value for this project? Multiple Choice O $432,155.56 -$316,08172 O $134,098.28 O o $134,21778 O Multiple Choice $432,155.56 -$316,081.72 $134,098.28 -$134,21778 $435,008.04