(Ignore Income Taxes in This Problem

(Ignore income taxes in this problem.) Croce,Inc.,is investigating an investment in equipment that would have a useful life of 7 years.The company uses a discount rate of 8% in its capital budgeting.The net present value of the investment,excluding the salvage value,is -$515,967.To the nearest whole dollar how large would the salvage value of the equipment have to be to make the investment in the equipment financially attractive?

A) $41,277
B) $885,021
C) $515,967
D) $6,449,588