Harriet Harvester (HH)plans to Buy a Haymaker

Harriet Harvester (HH) plans to buy a haymaker.It costs $180,000 and is expected to last for five years.She presently hires 10 workers at $3,000 per month for each of the six harvesting months each year.The equipment would eliminate the need for six workers.HH uses straight-line depreciation and projects a salvage value of $23,000.Her tax rate is 21% and opportunity cost of funds is 8.0%.Which is true?

A) The present value of cash flows in year 5 is $24,466
B) NPV is −$24,466
C) NPV is $155,534
D) NPV is −$155,534
E) None of the above