A project costs $26,000, will be depreciated straight-line to zero over its 4 year life, and will require a net working 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 14%. The project generates OCF of $13,000. What is the project's NPV? (Draw a timeline table to help with the calculation)

a.$12,720

b.$10,595

c.$11,470

d.$11,090