We are examining a new project. We expect to sell 8,450 units per year at $173 net cash flow aplece (including CCA) for the next 16 years. In other words, the annual operating cash flow is projected to be $1738,450 = $1,461,850. The relevant discount rate is 15% and the initial investment required is $4,862,000. Suppose you think it is likely that expected sales will be revised upward to 9.200 units If the first year is a success and revised downward to 4,000 units if the first year is not a success. a. If success and failure are equally likely, what is the NPV of the project? Consider the possibility of abandonment in answering. (Do not round Intermediate calculations, Round the final answer to 2 decimal places. Omit $ sign in your response.) NPV b. After the first year, the project can be dismantled and sold for $2,474,000. What is the value of the option to abandon? (Negative answer should be indicated by a minus sign. Do not round intermediate calculations. Round the final answer to 2 decimal places. Omit $ sign in your response.) The value of the option to abandon