A project requires a $38,000 initial investment and is expected to generate end-of-period annual cash inflows as follows: Year 1 Year 2. $ 17,000 $18,000 Year 3 $ 17,000 Assuming a discount rate of 11%, what is the net present value (rounded to the nearest whole dollar) of this investment? Selected present value factors for a single sum are shown in the table below. i-118 n=1 0.9009 i=118 n 2 0.8116 Multiple Choice $0 $4,355 $(10.752) 1-116 n 3 0.7312