Question 9 7 pts Sirius Corporation is considering an investment opportunity with expected net cash inflows of $240.000 per year. At the end of Year 3, the residual value of the investment is expected to be $55,000. The company uses a discount rate of 12%, and the initial investment is $400.000, Calculate the NPV of the investment. Present value of $1: 10% 12% 14% 16% 1 0.909 0.893 0.877 0.862 2 0.826 0.797 0.769 0.743 3 0.751 0.712 4 0.683 5 0.621 0.675 0.641 0.636 0.592 0.552 0.567 0.519 0.476 Present value of Ordinary Annuity of $1 10% 12% 14% 1 0.909 0.893 0.877 16% 0.862 2 1.736 1.690 1.647 1.605 3 2.487 2.402 2.322 2.246 4 3.170 3.037 2.914 2.798 5 3.791 3.605 3.433 3.274 $238,185