A project costs $80,000 and will be depreciated straight-line to zero over its 4 year life. The project generates OCF of $22,000 and the fixed assets will be sold for $9,000 at the termination of the project. If the project has a tax rate of 35% and a WACC of 10%, what is the NPV? Select the range that includes the correct answer.

Group of answer choices

A) Less than -$10,000

B) Greater than -$10,000, but less than -$5,000

C) Greater than or equal to -$5,000, but less than $0

D) Greater than or equal to $0, but less than $5,000

E) Greater than or equal to $5,000