1- The following data pertain to an investment in equipment: Investment in the project. Annual Net cash inflows Working capital required. Salvage value of the equipment ........ Life of the project $10,000 $2,400 $5,000 $1,000 8 years At the completion of the project, the working capital will be released for use elsewhere. Compute the net present value of the project, using a discount rate of 10%: A. $606 B. $8,271 C. $(1,729) D. $1,729