A project requires a $44,000 initial investment and is expected to generate end-of-period annual cash inflows as follows: Assuming a discount rate of 12%, 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=12%i=12%i=12%n=1n=2n=30.89290.79720.7118 $0 $4,835 $(13,257) $(2,574) $48,835