16. (20 points) Hilltop, Inc. has a capital structure which is based on 30 percent debt, 10 percent preferred stock, and 60 percent common stock. The pre-tax cost of debt is s percent, the cost of preferred is 9 percent, and the cost of common stock is I1 percent The company's tax rate is 34 percent. The company is considering a project that is equally as risky as the overall firm. This project has initial costs of $250,000 and cash inflows of $94,000 a year for three years. What is the projected net present value of this project