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A project costs $26,000, will be depreciated straight line to zero over its 5 year life, and will require a networking capital investment of $1,000

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A project costs $26,000, will be depreciated straight line to zero over its 5 year life, and will require a networking capital investment of $1,000 up- front (which will be recovered at the end of project's life). The project has a required return of 12%. The project generates OCF of $13,000. What is the project's NPV? (Draw a timeline table to help with the calculation) a $21,230 b. $22.470 c. $25,590 d. $20,430

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