Which of the of the following most closely approximates what the project's NPV would be when using straight$-$line depreciation? $($Hint: Round your final answer to two decimal places and choose the value that most closely matches your answer.$)$

$$17,442\mathrm{.}84$

$$13,954\mathrm{.}27$

$$16,047\mathrm{.}41$

$$13,256\mathrm{.}56$

Using the depreciation method will result in the highest NPV for the project.

No other firm would take on this project if McFann turns it down. Which of the following most closely approximates how much McFann should reduce the NPV of this project, assuming it is discovered that this project would reduce one of its division's net after$-$tax cash flows by $$400$ for each year of the four$-$year project? $($HInt: Round your final answer to two decimal places and choose the value that most closely matches your answer.$)$

$$1,240\mathrm{.}98$

$$1,365\mathrm{.}08$

$$1,054\mathrm{.}83$

$$744\mathrm{.}59$

McFann spent $$2,250$ on a marketing study to estimate the number of units that it can sell each year. What should McFann do to take this information into account?

Increase the amount of the initial investment by $$2,250.$

The company does not need to do anything with the cost of the marketing study because the marketing study is a sunk cost.

Increase the NPV of the project $$2,250.$