stion 12 yet vered ked out of Flag question 4 Superior Manufacturers is considering a 3-year project with an initial cost of $846,000. The project will not directly produce any sales but will reduce operating costs by $295,000 a year. The equipment is depreciated straight-line to a zero book value over the life of the project. At the end of the project the equipment will be sold for an estimated $30,000 (ignore taxes on sale). The project will require $31,000 in extra inventory for spare parts and accessories. Should this project be implemented if the required rate of return is 8% and tax rate is 34% ? Why or why not? Select one: O a. O b. O c. O d. No; The NPV is -$120,050.07 No; The NPV is -$79,723.39 No; The NPV is -$73,332.19 Yes; The NPV is $33,769.37. Oe. Yes; The NPV is $153,777.33. 2925