Saved Wardrobe Clothing Manufacturers is preparing a strategy for the fall season. One strategy is to go to a highly imaginative, new, four- gold-button sports coat. The all-wool product would be available for males and females. A second option would be to produce a traditional blue blazer line. The marketing research department has determined that the four-gold-button and traditional blue blazer lines offer the following probabilities of outcomes and related cash flows: Expected sales Fantastic Moderate Dissal Now Cost Present Value of cash flow Probably from sales wa $258, 1700 0.5 165,000 0.2 89,300 Blue Blazer Present value of cash flow Probability from sales 0.3 $191,000 0.2 263,000 0.5 0 The initial cost to get into the new coat line is $137,000 in designs, equipment, and Inventory. To enter the blue blazer line, the initial cost in designs, Wiventory, and equipment is $131,000. a. Calculate Net present value (Negative answers should be indicated by a minus sign.) Enter le Coat Market Enter nlatar Market Pert rasant Value 5 $