The Big Orange Pumpkin is considering a new seven-year expansion project. It will require an immediate investment in the amount of $3.87 million into fixed assets. These assets will be depreciated straight-line to zero over their seven-year tax life. At the end of their tax life they will be worth nothing. No bonus depreciation will be taken. The Big Orange Pumpkin's manager expects to see $2,103,000 in annual sales revenues, and the annual production costs are estimated at $1,065,000. The corporate income tax rate is 21 percent. The annual return of 14.6 percent is typical for projects like this one. Use this information to calculate this project's net present value Multiple Choice $134,098.28 -$52,171.66 $71,84116 $32,155.56 $95,008.04