Requirement Using the net present value method, determine which option is betler for danelle sssuming s cast of cepital of 12%. velue amounte to the nesert whole dolar.) NPV Calculate the ret present walue of Option 2 using the template below. (Leeve urused inpur fieks blenk. Enter a ceseh outfoun endior a negative present value with a minus sign or parenthes ameurits it the rearest whola tiollar.) NPV Wrich opticn is beller for Janele? shoud he seinchod ns it ottors a nnt present value. Options Option 1: It will cost $280,000 to add to the existing capacity but the company will increase revenues by $75,000 per year and will have additional operating expenses due to the increased space (e.g., more electricity, increase in property taxes, insurance) of approximately $22,000 per year. At the end of year 2, the company will incur an additional charge to upgrade the current flower coolers, for a one-time cost of $18,000. The owner is expecting to retire in 5 years and to be able to sell the building for $620,000. Option 2: Sell the building today as-is for $390,000, and lease a larger facility for $51,000 per year. Anticipated increased revenues will be $65,000 per year and additional operating costs (not including rent) will be $13,000 per year. Janelle will need to renovate the building today to meet the company's needs, at a one-time cost of $52,000. At the end of the lease term, the residual value of the leasehold improvements will be $2,000. The lease has a 5 -year term and cost of capital is 12%. Requirement Using the net present value method, determine which option is betler for danelle sssuming s cast of cepital of 12%. velue amounte to the nesert whole dolar.) NPV Calculate the ret present walue of Option 2 using the template below. (Leeve urused inpur fieks blenk. Enter a ceseh outfoun endior a negative present value with a minus sign or parenthes ameurits it the rearest whola tiollar.) NPV Wrich opticn is beller for Janele? shoud he seinchod ns it ottors a nnt present value. Options Option 1: It will cost $280,000 to add to the existing capacity but the company will increase revenues by $75,000 per year and will have additional operating expenses due to the increased space (e.g., more electricity, increase in property taxes, insurance) of approximately $22,000 per year. At the end of year 2, the company will incur an additional charge to upgrade the current flower coolers, for a one-time cost of $18,000. The owner is expecting to retire in 5 years and to be able to sell the building for $620,000. Option 2: Sell the building today as-is for $390,000, and lease a larger facility for $51,000 per year. Anticipated increased revenues will be $65,000 per year and additional operating costs (not including rent) will be $13,000 per year. Janelle will need to renovate the building today to meet the company's needs, at a one-time cost of $52,000. At the end of the lease term, the residual value of the leasehold improvements will be $2,000. The lease has a 5 -year term and cost of capital is 12%