A project costs $21,000, will be depreciated straight line to zero over its 3 year life, and will require a net working capital investment of $5,000 up front. The project generates operating income of $13,000. The asset will be sold for 2,000 at the end of the project. If the firm has a tax rate of 34% and a required return of 10%, What is the project NPV?

A.$5,012

B.$6,004

C.$1,256

D.$6,515

E.$7,026