Sunny Days Corporation is deciding whether to automate one phase of its production process. The equipment has a six-year life and will cost $370,000. Projected net cash inflows from the equipment are as follows: Year 1 $140.000 Year 2 $100,000 0 Data Table Year 3 SA0 000 Year 4 $180,000 Year 5 $76,000 Present Value of $1 Year 6 $93,000 Sunny Days Corporation's hurdle rate is 12%. Assume the residual value is zero. O.s09 0.826 What is the net present value of the equipment? 0.683 (Click the loon to view the present value of $1 table.) O A $107.971 OB. 596,403 OC. $11,568 OD. (596,403) Data Table Print Done ont Value of Annuity of $1 Periods 0.909 1096 232 Click to select your ar