A company operates a division that has experienced declining sales in recent years. The product the division produces is facing increased competition that is reducing the companys market share. If the company can maintain its current market position, then management estimates the division will generate $800,000 in after-tax cash revenues and $150,000 in after-tax cash expenses each year for the next 7 years. The company has a 35% marginal tax rate and a cost of capital of 8%. Before sales began declining, management had an expectation of operating the division for the next 7 years without any significant capital investments or changes in production. However, the declining sales are causing management to reconsider its strategy for the division. Management has developed the following options for the next 7 years. Option 1: Do nothing and continue to operate the division under the original conditions described above. Option 2: Increase annual after-tax cash payments for advertising expenses by $50,000. The marketing department estimates this investment will increase annual after-tax cash revenues by 12%. Option 3: Invest $700,000 in new equipment so that half of the divisions plant can be used to produce a new product. The conversion would cut existing after-tax cash revenues and expenses in half, and the new product is estimated to generate annual after-tax cash revenues of $600,000 with annual after-tax cash expenses of $290,000. The new equipment has a 7 year useful life for depreciation and will be depreciated using the straight-line method with no salvage value. The equipment is not eligible for bonus depreciation. Option 4: Invest $910,000 in new equipment to convert the entire divisions plant to the production of the new product. The conversion will eliminate all of the existing after-tax cash revenues and expenses. The new product is estimated to generate $1,100,000 in after-tax cash revenues and $570,000 in after-tax cash expenses. The new equipment has a 7 year useful life for depreciation and will be depreciated using the straight-line method with no salvage value. The equipment is not eligible for bonus depreciation. What is the Net Present Value of each option? Round your answer to a whole number and enter your answer with no dollar sign or commas.