A project has an initial requirement of $300,000 for fixed assets and $30,000 for networking capital. The fixed assets will be depreciated to a zero book value over the 3-year life of the project and have an estimated salvage value of $100,000. All of the networking capital will be recouped at the end of the project. The annual operating cash flow is $150,000 and the discount rate is 13 percent. What is the project's net present value if the tax rate is 21 percent? O $80.174.82 $67,637 10 $99.715.36 $74,727.22