A project has an initial investment in equipment of $310,000 and in net working capital of $62,000. The equipment will be depreciated over the 3-year life of the project to a salvage value of $155,000. All of the net working capital will be recouped at the end of the project. The annual operating cash flow is $345,000 and the discount rate is 25 percent. What is the project's net present value if the tax rate is 34 percent? O A. $442,800.00 O B. $412,544.00 OC. $385,561.60 O D. $380,800.00 O E. $333,184.00