28) If the cost of a new production line is $40,000 and the expected free cash flows resulting from this new line are as follows

Inflow year 1 12000 Inflow year 2 12000 Inflow year 3 12000 Inflow year 4 12000 And the required rate of return is 10 percent. Then the NPV of the project would be :-

Select one: a. 1960 b. (1960) c. 38,040 d. 8000 e. (8000)