10 7 11 => 14 15 Question 55 (1 point) Service Experts is considering a 5-year project with an initial cost of $850,000.00. The project will not directly produce any sales but will reduce operating costs by $304,183.35 a year. The equipment is depreciated straight-line to a book value of $5,000.00 over the life of the project. At the end of the project the equipment will be sold for an estimated $40,000.00 before taxes. The tax rate is 35%. The project will require $35,000.00 in extra inventory for spare parts and accessories. Should this project be implemented if the company requires a 9% rate of return? Why or why not? a) No; The NPV is -$128,147.15. b) Yes; The NPV is $153,777.34. c) Yes; The NPV is $33,769.38. d) No; The NPV is -$87,820.47. e) No; The NPV is -$81,429.27.