HLON 1 points Sive Answ Andover, Inc. is considering a new 4-year expansion project that requires an Initial foxed asset Investment of S9 million. The feed asset will be depreciated straight-line to zero over its 4 year tax life, after which time it will have a market value of $225,000. The project requires an initial Investment In net working capital of $330.000. all of which will be recovered at the end of the project. The project is estimated to generate $2,640,000 In annual sales with costs of $1,056,000. The tax rate is 20 percent and the required return for the project is 5 percent. What is the net present value for this project? $2,114,899 $1,706,383 5741,335 $742.208 $744.595