11) Fly High Co. is expanding and expects operating cash flows of $31,510 a year for 5 years as a result. This expansion requires $32,127 in new fixed assets. These assets will be worthless at the end of the project. In addition, the project requires $8,154 of net working capital throughout the life of the project. What is the net present value of this expansion project at a required rate of return of 10 percent?

A) $119,447.7

B) $40,281.0

C) $66,458.5

D) $79,166.7

E) $84,229.7