A company is considering a project with annual after-tax cash flows of $3,800.00 per year for six years. The company's cost of capital is 14 percent. Present and future value factors for a 14 percent interest rate for six years are as follows:

Future value of $1	2.195
Present value of $1	0.456
Future value of a series of equal payments	8.536
Present value of a series of equal payments	3.889

Using the net present value method, what is the maximum amount that the company should invest?

$8,341.00

$14,778.20

$1,732.80

$32,436.80