The Rodriguez Company is considering an average-risk investment in a mineral water spring project that has an initial after-tax cost of $175,000. The project will produce 1,100 cases of mineral water per year indefinitely, starting at Year 1 . The Year-1 sale $132 per case not be depreciated. a. What is the present value of future cash flows? (Hint: The project is a growing perpetuity, so you must use the constant growth formula to find its sign. PV of future CFs: $ NPV: b. Suppose that the company had forgotten to include future inflation. What would they have incorrectly calculated as the projects in intermediate calculations. Round your answer to the nearest dollar. Negative value, if any, should be indicated by a minus sige