Year 0 Year 1 Year 2 Year 3 Revenues 800,000 800,000 800,000 Costs of Goods Sold -320,000 -320,000 -320,000 Gross Profit 480,000 480,000 480,000 Selling,General and Admin -105,000 -105,000 -105,000 -200,000 -200,000 -200,000 Depreciation BIT 175,000 175,000 175,000 Income tax (35%) -61,250 -61,250 -61,250 Net Income 113,750 113,750 113,750 Capital Purchases 600,000 Changes to NWC +36,000 -12,000 -12,000 -12,000 Cromwell Industries is considering a new project which will have costs, revenues, etc. as shown by the data above. If the cost of capital is 8.5%, what is the net present value (NPV) of this project? A.-$258,750.00 B.-$153,046.63 C. $195,972.79 D.$201,324.52 Year 0 Year 1 Year 2 Year 3 Revenues 800,000 800,000 800,000 Costs of Goods Sold -320,000 -320,000 -320,000 Gross Profit 480,000 480,000 480,000 Selling,General and Admin -105,000 -105,000 -105,000 -200,000 -200,000 -200,000 Depreciation BIT 175,000 175,000 175,000 Income tax (35%) -61,250 -61,250 -61,250 Net Income 113,750 113,750 113,750 Capital Purchases 600,000 Changes to NWC +36,000 -12,000 -12,000 -12,000 Cromwell Industries is considering a new project which will have costs, revenues, etc. as shown by the data above. If the cost of capital is 8.5%, what is the net present value (NPV) of this project? A.-$258,750.00 B.-$153,046.63 C. $195,972.79 D.$201,324.52