X Company is thinking about expanding the production of Product X and eliminating Product Y. Expanding sales of X should result in additional firm profits of $8,000 per year for the next costing $19,000. This equipment should be worth $3,100 at the end of 5 years. years, but will require the purchase of some additional equipment, By eliminating Product Y, the firm will lose the product's $4,000 annual contribution margin but will save $13,000 of annual fixed costs. Assuming a discount rate of 5%, what is the net present value of expanding the production of Product X and eliminating Product Y? A: $24,238 B: $32,237 OC: $42,875 D: $57,023 E: $75,841 F: $100,869 Submit Answer Tries 0/99