Timer Notes Evaluate Feedback Prin X Company is thinking about expanding the production of Product A and eliminating Product B. Expanding sales of A should result in additional firm profits of $11,000 per year for the next 8 years, but will require the purchase of some additional equipment, costing $17,000. This equipment should be worth $3,700 at the end of 8 years By climinating Product B. the firm will lose the product's $8,000 annual contribution margin but will save $13,000 of annual fixed costs. Assuming a discount rate of 4%, what is the net present value of expanding the production of Product A and eliminating Product B? Submit AnswerTries 0/3 Communication Blocked Send Feedback Type here to search c @ B 52M 11 $ % 8 * 6 7 8 9