A new project you are considering is expected to generate an operating cash flow of $45,620 and will initially free up $22,000 in net working capital. Purchases of fixed assets costing $68,800 will be required to start up the project. What is the total cash flow for this project at time zero?

-$68,800

-$46,800

-$1,040

-$26,580

-$41,220