Roadrunner Enterprises is considering a new 4-year expansion project that requires an initial fixed asset investment of $3,000,000. The fixed asset will be depreciated straight-line to zero over its 4-year tax life, after which it will be worthless. The project is estimated to generate $3,250,000 in sales and $2,250,000 in total costs. The tax rate is 40%. Investments of this risk have a cost of capital of 10%. Calculate the Net Present Value [NPV] using a discount rate of 10% Select one: a. $50,000 to $100,000 b. Zero to $50,000 c. $100,000 to $150,000 d. More than $150,000 e. Negative