A project has an initial requirement of $ 260,000 for fixed assets and $16,500 for net working capital. The fixed assets will be depreciated to a zero book value over the four-year life of the project and have an estimated salvage value of $50,000. All of the networking capital will be recouped at the end of the project. The annual operating cash flow is $82,500 and the discount rate is 12 percent. What is the project's net present value if the tax rate is 21 percent? Multiple Choice Multiple Choice o $15,684 29 o $12,345.34 - o $9,670.33 o -$15,432.63 o $16,343.27