Buchanan Industries is evaluating a proposal to install solar panels on the roof of its factory near Huntsville. The panels will cost $540,000 per set. Depending on the price of electricity and the efficiency of the panels, the project will increase net operating cash flows by either $86,000 per year or $170,000 per year with a 67% likelihood that the lesser outcome will occur. The useful life of the panels is 6 years. If early results indicate savings of $170,000 per year, 3 additional sets of panels will be installed next year at the same cost and with the same projected increase in net operating cash flows. What is the expected NPV of the project (in $ thousands, rounded to one decimal place, e.g., 12.3) including the option to expand, given a discount rate of 12%? Answer should be 68.0.