Sanchez, Incorporated, is considering a change in its cash-only sales policy. The new terms of sale would be net one month. The required return is 1.1 percent per month.

	Current Policy	New Policy
Price per unit	$ 600	$ 600
Cost per unit	$ 330	$ 330
Unit sales per month	900	990

Based on the above information, determine the NPV of the new policy.

Multiple Choice

$1,639,390.91

$1,941,790.91

$4,339,390.91

$2,120,727.27

$1,704,966.55