4 pts Coyne Corporation is evaluating a capital investment opportunity. This project would require an initial investment of $33.000 to purchase equipment. The equipment will have a residual value at the end of its life of $2,000. The useful life of the equipment is 4 years. The new project is expected to generate additional net cash inflows of $15.000 per year for each of the four years, Coyne's required rate of return is 10%. The net present value of this project is closest to: PV of $1 Factor (-4,1-10%): 0.683 PV of Annuity Factor in 4. l-10%): 3.170 FV of $1 Factor (-4,1-10%) 1464 FV of Annuity Factor fn-4.1-10%): 4.641 $26,377 $15.916 $14,550 $604