A project is expected to create operating cash flows of $29,000 a year for three years. The Initial cost of the fixed assets is $60,000. These assets will be worthless at the end of the project An additional $4,000 of net working capital will be required throughout the life of the project. What is the project's net present value if the required rate of return is 11 percent? $9, 792.49 $5, 792.49 $2, 454.55 $13, 792.49 $6, 867.73