A project costs $50,000, will be depreciated straight-line to zero over its 3 year life, and will require a net working capital investment of $8,000 up-front. The project generates an annual operating cash flow (OCF) of $30,000. The fixed assets will be sold for $6,000 at the end of the project. If the firm has a tax rate of 35% and a required return of 12%, what is the project's NPV? $22,525.12 $19,749.18 $24,830.88 $2,694.11