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 $8,000 per year for the next 8 years, but will require the purchase of some additional equipment, costing $11,000. This equipment should be worth $3,800 at the end of 8 years. By eliminating Product B, the firm will lose the product's $5,000 annual contribution margin but will save $10,000 of annual fixed costs. Assuming a discount rate of 5%, what is the net present value of expanding the production of Product A and eliminating Product B? OA: $30,962|OB: $38,703 Oc: $48,379 OD: $60,473 OE: $75,592 OF: $94,490|| ** Tries 0/99