Spectrum is considering a project with an initial fixed asset cost of $2.46 million which will be depreciated straight- line to a zero-book value over the 10-year life of the project. At the end of the project the equipment will be sold for an estimated $300,000. The project will not directly produce any sales but will reduce operating costs by $725,000 a year. The tax rate is 35 percent. The project will require $45,000 of inventory which will be recouped when the project ends. Should this project be implemented if the firm requires a 14 percent rate of return? Why or Why not? A. Yes; The NPV is $387,516.676 B. No; The NPV is $87,820.48 OC. Yes; The NPV is $416,940.57 D. Yes; The NPV is $466,940.57 E. No; The NPN is -$172,937.49