Solid Machine Ltd. is considering investing in a new piece of machinery for its factory. The machine costs $ 340 comma 000 and is expected to last 7 years. It estimates that annual cash flows would be $ 82 comma 000, and the equipment would have a salvage value of $ 13 comma 000. The company's hurdle rate is 11%. What is the net present value of this investment? (Ignore income taxes.) Round to the nearest dollar. Question content area bottom Part 1 A.$ 87 comma 625 $ 87 comma 625 B.$ 52 comma 662 $ 52 comma 662 C.$ 46 comma 400 $ 46 comma 400 D.$ 234 comma 000 $ 234 comma 000 E.$ 247 comma 000 $ 247 comma 000