William Bat became a basebal enthusiast at a very early age. All of his baseball experience has provided him valuable knowledge of the sport and he is thinking about going into the botting cage business. He estimates the construction of a state-of-the-art building and the purchase of necessary equipment will cost $1.002.000. Both the facility and the equipment will be depreciated over 12 years using the straight-line method and are expected to hwe zero salvage values. His required rate of return is 9 s (present value factor of 7.16073. Estimated annual net income is as follows: Click here to view PV tables. For this investment, calculatei (a) The net present value. ffor colculotion purposet, use 5 decimal ploces as dislownd in the factor bable provided, Round anwer to 0 deimal ploces, es. 5.275 J Net present value