(Ignore Income Taxes in This Problem

(Ignore income taxes in this problem. ) Cottrell,Inc. ,is investigating an investment in equipment that would have a useful life of 9 years.The company uses a discount rate of 15% in its capital budgeting.The net present value of the investment,excluding the salvage value,is -$230,392.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) $1,535,947
B) $34,559
C) $811,239
D) $230,392