A company with an opportunity cost of capital of $14\%$ is considering a major $4-$year project

and has projected that its net working capital requirements are as follows:

Now $=$ $$10,000$ Year $1=$ $$15,000$ Year $2=$ $$15,000$ Year $3=$ $$8,000$ Year $4=$ $$0$

The net present value of the working capital cash flows to the project is:

a$)-$$$4,800$

b$)-$$$4,300$

c$)-$$$3,800$

d$)-$$$3,640$

e$)$ None of the above.