A company invests in a new project that requires an initial capital outlay of $542603. The project will generate annual net cash flows of $125178 over a period of 6 years. The after-tax cost of capital is 12%. In addition, a working capital outlay of $54092 will be required. This working capital outlay will be recovered at the end of the projects life.

What is the net present value of the project?

Select one:

a. $-82037

b. $-54633

c. $-27945

d. $208465

PLEASE ANSWER ASAP