pgh, inc. is considering a new six-year expansion project that requires an initial fixed asset investment of $3.102 million. the fixed asset will be depreciated straight-line to zero over its six-year tax life, after which time it will be worthless. the project is estimated to generate $1,987,000 in annual sales, with costs of $1,102,200. the tax rate is 35 percent and the required return on the project is 16 percent. what is the net present value for this project? $435,008.04 . $432,155.56 -$134,217.78 -$316,081.72 $134,098.28