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 buit 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) NPV=$73,835 (B) NPV=$82,335 (C) NPV=$75,533 NPV=$78,335