A company has provided the following data concerning an investment project that it is considering: Initial investment Annual cash flow Salvage value at the end of the project Expected life of the project Discount rate Present value factors: $ 5 59 tA 160,000 54,000per ye 11,000 Present value of $1 table: 4 years 15% = 0.572 Present value of annuity table: 4 years 15% = 2.856 The net present value of the project is closest to: 4years 15%