All value comes from future cash flows, and making positve net present value decisions is the sign of a good steward of capital and management. Everything is built on those core ideas. The Castle Corporation is considering building a new factory. The cost of the new facility will be $10.5 million. There are expected efficiencies from this new construction. Over each of the next five years, the expected cash flows are $2,300,000, $2,500,000, $2,600,000, $2,900,000, and $3,100,000 respectively. If the annual discount rate is 8.0%, what is the approximate net present value (NPV)? A B NPV = $73,835 NPV = $82,335 (C) NPV = $75,533 D) NPV = $78,335