You are considering investing in a project that increases annual costs by $25,000 per year over the project's 5 year life. The project has an initial cost of $500,000 and will be depreciated straight-line over 5 years. Assume a 34% tax bracket and a discount rate of 11%. Suppose the equipment is sold at the end of year 5 for $300,000, pretax. What is the NPV? O-$234,567.09 O -$356,428.12 O $243,667.99 0 -$455,887.34 -$317.818.44