A given project requires a $30,000 investment and is expected to generate end-of-period annual cash inflows as follows:

Year 1	Year 2	Year 3	Total
$12,000	$8,000	$10,000	$30,000

Assuming a discount rate of 10%, what is the net present value of this investment? Selected present value factors for a single sum are shown in the table below:

i = 10%	i = 10%	i = 10%
n = 1	n = 2	n = 3
.9091	.8264	.7513

Multiple Choice

$0.00

$21,000.00

($7,461.00)

$25,033.32

($4,966.68)